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The Stolper-Samuelson Theorem: If there are CRTS and if both goods continue to be produced, a relative increase in the price of a commodity will increase the real return to the factor used intensively in that industry and reduce the real return to the other factor. A labor abundant country enters free trade then this will increase the relative price of labor intensive goods, make the workers better off and capitalists worse off. – Workers will support free trade while capitalists will oppose it. – Not only workers in labor intensive sectors will be better off, but also workers in capital intensive sectors
The conversion of hard water into soft water by boiling or adding calcium hydroxide is called:
Activated charcoal is used to remove colouring matter from pure substances by which of the following process?
Perspiration cools the body because
The orbital velocity of a satellite depends on:
Which of the following is the lightest metal?
Which reaction represents the correct method of extracting iron from its ore in a blast furnace?
Which gas is used to convert vegetable oils into solid fats?
What happens when one s orbital and one p orbital hybridize?
Which type of bond is formed by the sharing of electrons?
Turquoise is an ore/mineral of: