Large country:A country is labor abundant if its relative endowment of labor is large compared to other countries Small country:A country in which import demand is larger than domestic demand So what...


Large country:A country is labor abundant if its relative endowment of labor is large compared to other countries


Small country:A country in which import demand is larger than domestic demand


So what is the benefits of large country and small country?



May 16, 2022
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