In general, a capital-abundant country (such as the United States) tends to specialize in capital-intensive industry and export capital-intensive products, and import labor-intensive products.This statement is an illustration of the ____________________ of comparative advantage.
A) commodity terms of trade theory
B) supply and demand theory
C) diminishing returns theory
D) factor-sourcing theory
E) factor endowment theory
Correct Answer:
Verified
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