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Assume that computer is capital intensive and cotton is labor intensive products. (There is full employment in the economy). At constant world prices, if a
Assume that computer is capital intensive and cotton is labor intensive products. (There is full employment in the economy). At constant world prices, if a labor abundant country experiences an increase only in the supply of labor, what can you say about the change in production of computer and cotton? Why? Explain by using a graph.
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