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In a Two-Country World, If Country a Is the Relatively

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In a two-country world, if country A is the relatively labor-abundant and country B is the relatively capital-abundant country by the "price" definition of factor abundance (and where w is the wage rate and r is the return to capital) , then __________. When the countries move from autarky to Heckscher-Ohlin-type trade, the result will be that __________.


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The process of monitoring and supervising government actions and organizations to ensure accountability and efficiency.

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A significant law passed by Congress in 1996 to deregulate and reform the telecommunications industry, aiming to increase competition.

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