Which of the following statements is CORRECT?
a. The HO model assumes that all resources can freely move between industries.
b. The specificfactors model assumes that all resources can freely move between industries.
c. Both the HO and the specificfactor models assume that all resources can freely move between industries.
d. Neither the HO nor the specificfactor model assumes that all resources can freely move between industries.
Answer: a. The HO model assumes that all resources can freely move between industries.
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