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    Applied International Economics
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    Exam 4: Factor Endowments and the Commodity Composition of Trade
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    A Country Will Have Relatively Lower Costs of Production in Goods
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A Country Will Have Relatively Lower Costs of Production in Goods

Question 84

Question 84

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A country will have relatively lower costs of production in goods where production calls for smaller quantities of the abundant factor of production and greater quantities of the scarce factor of production.

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