Which model states that nations that are abundant in a factor will have a comparative advantage in a good whose production is intensive in that factor?

A) the pauper labor fallacy model
B) the Ricardian model
C) the Heckscher-Ohlin model
D) the oligopoly model

Heckscher-Ohlin Model

An economic theory that proposes countries will export products that utilize their abundant and cheap factors of production and import products that require factors of production that are scarce and expensive domestically.

Comparative Advantage

The ability of an individual or group to carry out a particular economic activity more efficiently than another activity.