In my opinion sir meant to refer to international labor migration (labor is shared between countries and not industries) . Furthermore this migration has an impact on the allocation of world production of the good by country, which is what sir refers to in the second part of the first point.
Thank you !
You are amazing
Thanks a lot sir. Sir please cover whole IT if possible.
thank you ! this is super helpful
Sir but Labor is shared in ricardian model too. 8:05 here you said unlike ricardian model
Please Explain a little🙏
In my opinion sir meant to refer to international labor migration (labor is shared between countries and not industries) . Furthermore this migration has an impact on the allocation of world production of the good by country, which is what sir refers to in the second part of the first point.
H. O modal all factors are not mobile