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What is Factor- Endowment Theory of Trade? How is it related with the Ricardian Theory of...

What is Factor- Endowment Theory of Trade? How is it related with the Ricardian Theory of Trade (Comparative Advantage Theory of Trade)? Explain how free trade among two nations does not only lead to product price equalization but also to the factor price equalization among the trading nations.

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Rahul Sunny answered 1 year ago
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