Analyzing factor endowment of country

Reference no: EM1313273

When trade begins, country ALFA imports cloth, the labor intensive commodity. What this imply about ALFA's own factor endowment? Why?. Assuming that there are only two goods, and the other good (food) is capital intensive, show the equilibrium points of production and consumption in ALFA, before and after trade.

Reference no: EM1313273

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