Question: The worlds poorest countries cannot find anything to export. There is no resource that is abundantcertainly not capital or land, and in small poor nations

The world’s poorest countries cannot find anything to export. There is no resource that is abundant—certainly not capital or land, and in small poor nations not even labor is abundant. Discuss.

Step by Step Solution

3.30 Rating (165 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

What matters is not the absolute abundance of factors but their relative abundance Poor co... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

199-B-E-M-E (222).docx

120 KBs Word File

Students Have Also Explored These Related Economics Questions!