Based on the factor proportions theory how will the, Econometrics

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Based on the factor proportions theory how will the

1. Based on the factor proportions theory, how will the opportunity to trade affect relative factor prices compared to a no-trade position? Explain why.

2. What does the factor proportions theory imply about the composition of a nation's exports and imports? Why?

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Econometrics: Based on the factor proportions theory how will the

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