Question: Answer the following: a) How does the specific factors model differ from the Heckscher-Ohlin (HO) model? b) According to the specific-factor model, will returns to

Answer the following: a) How does the specific factors model differ

from the Heckscher-Ohlin (HO) model? b) According to the specific-factor model, will

Answer the following: a) How does the specific factors model differ from the Heckscher-Ohlin (HO) model? b) According to the specific-factor model, will returns to capital and land rise, fall, or not change when a country with a comparative advantage in agricultural output moves from an autarkic to a free trade situation

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