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International Economics 8th Edition by Dennis Appleyard, Alfred Field
Edition 8ISBN: 9780078021671International Economics 8th Edition by Dennis Appleyard, Alfred Field
Edition 8ISBN: 9780078021671 Exercise 2
Explain why the K/L ratio in each industry will rise with the initiation of trade in a labor-abundant country and will fall in a capital-abundant country.
Explanation
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The Heckscher-Ohlin model is an economic...
International Economics 8th Edition by Dennis Appleyard, Alfred Field
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