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Assume that both Italy and Sweden are skilled-labour abundant. First, define Stolper-Samuelson theorem and then, check whether your data findings are...
Assume that both Italy and Sweden are skilled-labour abundant. First, define Stolper-Samuelson theorem and then, check whether your data findings are in line with the Stolper-Samuelson theorem.
Data:
Correlation Coefficient between Openness and the GINI Index
Italy: 0.2594
Sweden: 0.4998