If economists wish to determine relative factor abundance
If economists wish to determine relative factor abundance across countries, why don’t they simply calculate w/r ratios across countries and then compare these ratios?
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suppose that you test the linder hypothesis by comparing germanyrsquos absolute difference in per capita income from
the european union has heavily protected its farm sector through import duties in addition the union subsidizes its
if economists wish to determine relative factor abundance across countries why donrsquot they simply calculate wr
suppose someone stated that the heckscher-ohlin model is best-suited for explaining trade between developed countries
why might it be hypothesized that a typical developed country is likely to have a greater relative amount of
define ldquointra-industry traderdquo and indicate several reasons why such trade can take place in any given product
present in detail the following two theoriesmodels associated with ldquopost-heckscher-ohlinrdquo trade theory in the
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