Question: What does the Stolper - Samuelson theorem postulate? China is a capital scarce and labor abundant country and USA is a labor scarce and capital
What does the Stolper - Samuelson theorem postulate?
China is a capital scarce and labor abundant country and USA is a labor scarce and capital abundant country. 'Free trade benefits workers in China and capitalists in the USA', true or false? Explain.
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