Carefully explain why the following is either true or false


Carefully explain why the following is either true or false. "In a 2*2*2 heckscher-olin context, when a relatively labor-abundant country moves from autarky to trade, the real return to capital in the import-competing industry decreases and the real return to capital in the export industry also decreases."

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Business Economics: Carefully explain why the following is either true or false
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