question archive (a)  Using the specific-factors model, explain why you might expect to see certain capital owners and labor groups arguing against expanding trade in a capital-abundant country

(a)  Using the specific-factors model, explain why you might expect to see certain capital owners and labor groups arguing against expanding trade in a capital-abundant country

Subject:EconomicsPrice: Bought3

(a)  Using the specific-factors model, explain why you might expect to see certain capital owners and labor groups arguing against expanding trade in a capital-abundant country. (5 marks) [No need to show graph]
                                                                                                  
(b) Discuss the basis for trade and the pattern of trade according to Heckscher -Ohlin. (3 marks)

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