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Under what conditions are fossils most likely to form?
Factor Endowments
The amount of land, labor, capital, and entrepreneurship that a country possesses and can exploit for manufacturing and service provision.
Technology
The technical means for producing goods and services.
Heckscher-Ohlin Model
An economic theory that proposes countries will export products that utilize their abundant and cheap factors of production and import goods that require resources that are rare or expensive domestically.
Endowment
An endowment is the total of a person's or entity's assets, minus liabilities, considered in the context of their financial impact or wealth.
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