Explain how the international movement of products and of factor inputs promotes an equalization of the factor

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Explain how the international movement of products and of factor inputs promotes an equalization of the factor prices among nations.

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International economics

ISBN: 978-8131518823

13th Edition

Authors: Robert J. Carbaugh

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Question Posted: Nov 14, 2012 03:33 AM

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Explain how the international movement of products and of factor inputs promotes an equalization of the factor

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The factor endowment theory suggests that a capital abundant nation enjoys relatively cheap ...View the full answer

International economics

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