|Business and Economics Journal; known for its integrity and quality among all open-access journals on Factor price equalization. The journal publishes high quality articles, editorials as well as review articles covering major aspects of Factor price equalization.
Factor price equalization is an economic theory which is an effect observed in models of international trade and states that the prices of identical factors of production, such as the wage rate, are driven towards equality in the absence of barriers to trade. The theorem assumes that there are two goods and two factors of production, for example capital and labor.
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