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Heckscher-Ohlin Theorem - A country will export, that good whose production is relatively intensive in the factor with which that country is relatively well endowed.
Heckscher-Ohlin Theorem - A country will export, that good whose production is relatively intensive in the factor with which that country is relatively well endowed. What can factors can we consider U.S. abundant in relative to China? Based on the H-O model, what type of goods is the U.S. expected to export to and import from China?
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