Solved

If a Country Is Labor Abundant, It Will Tend to Import

Question 35

True/False

If a country is labor abundant, it will tend to import products with a high K/L ratio.

Related Questions

Q30: The factor-proportions theory states that a country

Q31: Factor-price equalization means that:<br>A) trade will have

Q32: Trade lowers prices which tends to increase

Q33: Explain how human capital helps to resolve

Q34: Income inequality:<br>A) has been rising for decades.<br>B)

Q36: Labor-abundant countries tend to export labor-intensive goods.

Q37: A country that is capital abundant relative

Q38: If a factor of production cannot easily

Q39: Which factor stands to gain most from

Q40: If country A is labor abundant relative