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    Exam 3: Sources of Comparative Advantage
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    According to the Specific-Factors Theory, Resources That Are Specific to Import-Competing
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According to the Specific-Factors Theory, Resources That Are Specific to Import-Competing

Question 43

Question 43

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According to the specific-factors theory, resources that are specific to import-competing industries tend to lose as a result of trade, while resources specific to export industries tend to gain as a result of trade.

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