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Match each theory of how different sets of actors will support or oppose trade protectionism with the corresponding example(s). Stolper-Samuelson theorem Ricardo-Viner (specific factors) model
Match each theory of how different sets of actors will support or oppose trade protectionism with the corresponding example(s). Stolper-Samuelson theorem Ricardo-Viner (specific factors) model firm-based trade theory Large firms with significant exports, like General Motors or Microsoft in the United States, will support further trade liberalization. Press Space to open In the unskilled-labor-scarce and capital-abundant United States, unskilled workers will support trade barriers, while investors and skilled workers oppose them. Press Space to open Farmers in land-poor Japan are protectionist, but farmers in land-rich Argentina will be free traders. Press Space to open Industry-specific factors of production such as capital equipment for steel-making in the United States lead this industrial sector to be protectionist when faced with stiff import competition, unlike other capital-intensive industries. Press Space to open
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