Countries would tend to export products that intensively utilize their scarce factor of production.
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Q82: The factor-proportions theory was formulated by Adam
Q83: In the factor-proportions theory, both countries start
Q84: The factor-proportions theory is built around differences
Q85: The factor-proportions theory states that a country
Q86: The factor-proportions theory of international trade states
Q88: Countries will tend to export products that
Q89: The factor-proportions theory of international trade predicts
Q90: A country that is capital abundant would
Q91: Labor-abundant countries tend to export labor-intensive goods.
Q92: International trade would tend to equalize the
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