Factor Endowment Theory
In a critical essay, you will select a country of your choice and will compare your chosen country to KSA in relation to the factor endowment theory. For each country, discuss:
1. What is the impact of resource endowments on comparative advantage?
2. Is the factor-endowment theory a good predictor of trade patterns?
3. What additional trade theories can be applied? Explain their main insights and challenges. As one of the trade initiatives in KSA, assess the aims of Saudi Vision 2030 in relation to factor endowment theory.
Directions:
This assignment is an individual assignment.
Support your submission with course material concepts, principles, and theories from the textbook along with few scholarly, peer-reviewed journal articles.
APA style guidelines, citing references as appropriate.
Submit your findings in a 4-5 page document, excluding the title page, abstract and required reference page, which are never a part of the minimum content requirements, in the Assignment Dropbox.
It is strongly encouraged that you submit all assignments to the Turnitin Originality Check (available under Information folder on your Blackboard) prior to submitting them to your instructor for grading. If you are unsure how to submit an assignment to the Originality Check tool, review the TurnItIn Originality Check Student Guide for step-by-step instructions
