Mexico is relatively abundant in labor relative to land compared to Canada. Both countries produce both goods

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Mexico is relatively abundant in labor relative to land compared to Canada. Both countries produce both goods and have the same technology and relative demand. Comparing percentage changes as move from autarky to free trade, the rent paid to land in Canada

Posted Date: Jun 11, 2024 04:01 PM

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Mexico is relatively abundant in labor relative to land compared to Canada. Both countries produce both goods

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