Question
What does the Stolper - Samuelson theorem postulate? China is a capital scarce and labor abundant country and USA is a labor scarce and capital
What does the Stolper - Samuelson theorem postulate?
China is a capital scarce and labor abundant country and USA is a labor scarce and capital abundant country. 'Free trade benefits workers in China and capitalists in the USA', true or false? Explain.
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Survey of Economics
Authors: Irvin B. Tucker
8th edition
1111989664, 978-1133713357, 1133713351, 978-1111989668
