Assume that both Paraguay and Poland are unskilled-labour abundant countries. Using he correlation coefficient between Openness...

Assume that both Paraguay and Poland are unskilled-labour abundant countries. Using he correlation coefficient between Openness and the GINI Index for each country, explain in up to 200 words whether your data agree or disagree with the Stolper-Samuelson theorem.

The correlation coefficient between Openness and the GINI Index

Poland = -0.599 Paraguay = -0.275

Expert Solution

Rahul Sunny answered 2 years ago

Explain in 200 words the relationship between Openness and economic development by calculating the correlation coefficient...

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