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Suppose China signs a free trade agreement with Japan. As a result, China's exports of textiles (which are intensive in labor) and its imports of
Suppose China signs a free trade agreement with Japan. As a result, China's exports of textiles (which are intensive in labor) and its imports of cars (which are intensive in capital) both increase. China is abundant inlabor . Consistent with the Heckscher-Ohlin theory and the Stolper-Samuelson theorem, which of the following groups in China will support its free trade agreement with Japan? Consumers Workers in car production Capital owners in textile production Workers in textile produc
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