Relative factor intensity of commodity

Assignment Help Business Economics

Reference no: EM131092038

What is meant by "relative factor intensity of a commodity" and "relative factor abundance of a country"? How are the concepts used to explain the commodity composition of trade? (What a country exports and what it imports). Review sections 5.3 and 5.4 of Chapter 5 of the text book to answer this question.

Reference no: EM131092038

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