Question
4. Evaluate the validity of the following statement for the Ricardian Model, the Specific Factors Model and the H-O Model: If productivity increases in X
4. Evaluate the validity of the following statement for the Ricardian Model, the Specific Factors Model and the H-O Model: "If productivity increases in X industry (i.e. the same combination of inputs can produce more output), the output in Y industry remains unchanged."
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The Business of Tourism Management
Authors: John Beech, Simon Chadwick
1st edition
273688013, 273688014, 9781405871631 , 978-0273688013
