Compare the data for U.S. imports of hats and caps from China in 2010 that you found in Problem 5 with the same data for the year 2000. Repeat the steps outlined in Problem 5, but in step (viii) select "December" and "2000."
a. What happened to the value of U.S. imports of hats and caps from China between 2000 and 2010?
b. What prediction does the Heckscher-Ohlin model make about the wages received by labor in China?