Explain the Weak and the Strong Forms of the Factor-Price

question 40

Essay

Explain the weak and the strong forms of the factor-price equalization theorem, and discuss their real world relevance.

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Definitions:

Differential Gene

A gene that is expressed in different amounts or by different mechanisms in response to environmental or developmental stimuli.

Genetic Variation

The diversity in gene frequencies within a population, which can result from mutation, sexual reproduction, and other processes.

Somatic Cells

Any cell of a living organism other than the reproductive cells; they make up the body's organs, skin, bones, and blood.

Cell Specialization

The process by which generic cells develop into specific types of cells to perform unique functions in the body.