Trade Will Tend to Equalize Factor Prices

question 197

True/False

Trade will tend to equalize factor prices.

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Definitions:

Sick Leave

Paid or unpaid time away from work that employees can use during periods of temporary illness to remain home and heal.

Confidence Interval

A panorama of values, issuing from sample statistic studies, which might encompass the value of an unrevealed population parameter.

Used Textbooks

Pre-owned educational books that are sold or distributed at a reduced price compared to new editions.

Confidence Interval

A range of values, derived from sample data, that is likely to contain the value of an unknown population parameter with a specified level of confidence.