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Which of the statement(s) below is(are) FALSE ? A. Domestic capital rental of two trading countries will equal to their domestic wage rate B. Wage
Which of the statement(s) below is(are) FALSE ?
A. Domestic capital rental of two trading countries will equal to their domestic wage rate
B. Wage rate of two trading countries will only be similar if they have the same factor endowment
C. According to the Heckscher-Ohlin Model, labor flows internationally to equal factor prices
D. Wage rate of two trading countries will become similar if both produce outputs that have the same factor intensity
This question has either one (1) or more than one answers.
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