12. According to the standard Heckscher-Ohlin model with two factors (capital and labor) and two goods, movement

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12. According to the standard Heckscher-Ohlin model with two factors (capital and labor) and two goods, movement of Turkish migrants to Germany would decrease the amount of capital-intensive products produced in Germany. Discuss whether this is true or false, and explain why

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International Economics

ISBN: 9781429231183

2nd Edition

Authors: Robert C. Feenstra, Alan M. Taylor

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