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Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498 Exercise 3
Producing socks is labor-intensive, while producing satellites is capital-intensive. If India has abundant labor, and the U.S. has abundant capital, which good will the U.S. export? Is trade beneficial to textile laborers in the U.S.?
Explanation
Verified
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Labor abundance country:
Labor abundant...
Economics 1st Edition by Dean Karlan,Jonathan Morduch
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