题目内容
The Heckscher-Ohlin theory contends that over a period of years a country that initially is an exporter of a product will become an importer of that product.
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The Heckscher-Ohlin theory emphasizes the role that demand plays in the creation of comparative advantage.
The factor-endowment theory asserts that with specialization and trade there tends to occur and equalization in the relative resource prices of trading partners.
According to the factor-endowment theory, international specialization and trade cause a nation's cheap resource to become cheaper and a nation's expensive resource to become more expensive.
Fears about the downward pressure that cheap foreign workers place on U.S. wages have led U.S. labor unions to lobby for import restrictions such as tariffs and quotas.
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