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Key Vocabulary and Concepts – 3

Please define and explain each of these terms. 
  1. Demand-pull factors
  2. Factor abundance
  3. Factor scarcity
  4. Heckscher-Ohlin Model
  5. Off-shoring
  6. Outsourcing
  7. Product cycle
  8. Resource Curse
  9. Specific factors model
  10. Stolper-Samuelson Model

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