Chartered Financial Analyst Level 2
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According to the neoclassical model, if economies are open and there is free trade and international borrowing and lending, capital should flow from countries with a:
A
low capital-to-labor ratio to those with a low capital-to-labor ratio.
B
high capital-to-labor ratio to those with a low capital-to-labor ratio.
C
high capital-to-labor ratio to those with a high capital-to-labor ratio.