If Greece has more land per worker, and Belgium has more capital per worker then if...
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If Greece has more land per worker, and Belgium has more capital per worker then if trade were to open up between these two countries. a. Price of land intensive goods increase for Greece, b. Price of land intensive goods increase for Belgium, c. Price of capital intensive goods increase for Greece, d. Price of capital intensive goods decrease for Belgium. If Greece has more land per worker, and Belgium has more capital per worker then if trade were to open up between these two countries. a. Price of land intensive goods increase for Greece, b. Price of land intensive goods increase for Belgium, c. Price of capital intensive goods increase for Greece, d. Price of capital intensive goods decrease for Belgium. If Greece has more land per worker, and Belgium has more capital per worker then if trade were to open up between these two countries. a. Price of land intensive goods increase for Greece, b. Price of land intensive goods increase for Belgium, c. Price of capital intensive goods increase for Greece, d. Price of capital intensive goods decrease for Belgium.
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