Why Do Returns to Specific Factors Change by More Than

question 9

Short Answer

Why do returns to specific factors change by more than returns to mobile factors when international trade changes relative prices?

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Definitions:

Circular Thickness

A descriptive term possibly related to the material thickness of a circular section or detail, but without a standard definition, it may require clarification.

Chordal Thickness

The measurement of the thickness of a gear tooth along the chord, typically at the pitch circle.

Diametral Pitch

A measure of gear tooth density, defined as the number of teeth per inch of the diameter of the gear pitch circle.

Outside Diameter

The measurement of the largest dimension across the outer surface of a cylindrical or spherical object.