Business
Business, 19.02.2020 22:21, POOPINgligma

Suppose China signs a free trade agreement with Japan. As a result, China's exports of textiles, which are intensive in labor, and imports of cars, which are intensive in capital, both increase. According to the Hecksher-Ohlin theory, China is abundant in .

Consistent with the Hecksher-Ohlin and Stolper-Samuelson theorems, which of the following groups in China will support its free trade agreement with Japan? Choose all that apply.

A) Capital owners in car production

B) Consumers

C) Capital owners in textile production

D) Workers in car production

answer
Answers: 1

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Suppose China signs a free trade agreement with Japan. As a result, China's exports of textiles, whi...

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