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Business, 20.07.2019 06:10 bailey814

Which of the following is not a proposition of the heckscher-ohlin model? countries will completely specialize in the product in which they have a comparative advantage if free trade is allowed to occur. if the united states is a skilled labor abundant country, then the united states has a comparative advantage in the production of goods that use skilled labor more intensively. the effect of international trade is to tend to equalize factor prices between the trading nations. a country has a comparative advantage in the production of that commodity which uses more intensively the country's more abundant resource.

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Which of the following is not a proposition of the heckscher-ohlin model? countries will completely...

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