Which of the following is not a proposition of the heckscher-ohlin model? countries will completely specialize in the product in which they have a comparative advantage if free trade is allowed to occur. if the united states is a skilled labor abundant country, then the united states has a comparative advantage in the production of goods that use skilled labor more intensively. the effect of international trade is to tend to equalize factor prices between the trading nations. a country has a comparative advantage in the production of that commodity which uses more intensively the country's more abundant resource.

Transactions on april 1 of the current year, andrea byrd established a business to manage rental property. she completed the following transactions during april: opened a business bank account with a deposit of $45,000 from personal funds. purchased office supplies on account, $2,000. received cash from fees earned for managing rental property, $8,500. paid rent on office and equipment for the month, $5,000. paid creditors on account, $1,375. billed customers for fees earned for managing rental property, $11,250. paid automobile expenses for month, $840, and miscellaneous expenses, $900. paid office salaries, $3,600. determined that the cost of supplies on hand was $550; therefore, the cost of supplies used was $1,450. withdrew cash for personal use, $2,000. required: 1. indicate the effect of each transaction and the balances after each transaction: for those boxes in which no entry is required, leave the box blank. for those boxes in which you must enter subtractive or negative numbers use a minus sign. (example: -300)