The table below shows the quantity demanded (in thousands) and quantity supplied (in thousands) of computers in the U.S. and Canada at different prices.Table 20.5

-We know that industrial countries tend to trade with other industrial countries. This pattern counters the:

Question

The table below shows the quantity demanded (in thousands) and quantity supplied (in thousands) of computers in the U.S. and Canada at different prices.Table 20.5
 
-We know that industrial countries tend to trade with other industrial countries. This pattern counters the:

Quizplus · Accepted Answer

The factor abundance theory of comparative advantage suggests that countries will export goods that use their abundant factors intensively. Industrial countries trading with each other counters this theory, as they often have similar factor endowments.

The Table Below Shows the Quantity Demanded (In Thousands) and Quantity