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Author Question: What are the major differences between the new HDI and the original HDI? What will be an ideal ... (Read 298 times)

Shelles

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on: Jun 30, 2018
What are the major differences between the new HDI and the original HDI?
 
  What will be an ideal response?

Question 2

Briefly explain the major argument of the factor endowment trade theory.
 
  What will be an ideal response?


scottmt

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Reply #1 on: Jun 30, 2018
Answer to Question 1

Open ended essay. Refer to pages 5155 of text for the discussion.

Answer to Question 2

Countries will tend to specialize in the production of commodities making intensive use
of their relatively abundant factors of production; for example, unskilled labor, or natural resources.


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