Problem
1. How does the Leontief paradox challenge the overall applicability of the factor-endowment model?
2. According to Staffan Linder, there are two explanations of international trade patterns-one for manufactures and another for primary (agricultural) goods. Explain.
3. Do recent world-trade statistics support or refute the notion of a product life cycle for manufactured goods?
4. How can economies of large-scale production affect world trade patterns?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.