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Three countries ILL-4:5 and C3 use Capital [If]: Labour {le and Land [T] to produce goods. The following table provides information on each countries share
Three countries ILL-4:5 and C3 use Capital [If]: Labour {le and Land [T] to produce goods. The following table provides information on each countries share of the world endowment of the factor as well as share of world GDP. Country If L T GDP A ED 60 3 so 5 '20 30 2D 2-3 C 213' 10 50 2-5 Describe the types of goods that each country should export and import [capital intensire: labourintensive: etc-.32
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