If capital per worker in a country is relatively high, then it is probably true that GDP per capita is relatively high as well.
Correct Answer:
Verified
Q67: If comparative advantage in an industry is
Q68: Which of the following industries would be
Q69: if labor moves from India to the
Q70: A trade deficit occurs when:
A) production in
Q71: If Canada is relatively capital abundant and
Q73: GDP per capita is positively correlated with
Q74: A capital-intensive good is one with a
Q75: A country will tend to have a
Q76: The factor-proportions theory predicts that the pattern
Q77: The factor-proportions theory predicts that the pattern
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents