In what way does factor endowment theory help explain why, Management Theories

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In what way does factor endowment theory help explain why

1. In what way does factor endowment theory help explain why nations trade? How does the Leontief paradox modify this theory?

2. If an innovating country develops a new technologically superior product, how long will it be before the country begins exporting the product? At what point will the country begin importing the product?

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Management Theories: In what way does factor endowment theory help explain why

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