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Q. Car production is capital intense relative to textiles. The US is capital abundant and China is labor abundant. Under trade, both countries produce both goods. Under free trade, China exports

Q. Car production is capital intense relative to textiles. The US is capital abundant and China is labor abundant. Under trade, both countries produce both goods. If the labor endowment were to increase in the US, this would

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9277344

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