Factor Price Equalization

Factor Price Equalization

Fouad Sabry

Språken
FörlagOne Billion Knowledgeable
ISBN6610000548279

What is Factor Price Equalization Factor price equalization is an economic theory, by Paul A. Samuelson (1948), which states that the prices of identical factors of production, such as the wage rate or the rent of capital, will be equalized across countries as a result of international trade in com