=+4. Shoes are labor-intensive and satellites are capital-intensive to produce. The United States has abundant capital. China

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=+4. Shoes are labor-intensive and satellites are capital-intensive to produce. The United States has abundant capital. China has abundant labor. According to the Heckscher-Ohlin model, which good will China export? Which good will the United States export? In the

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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