Russia Economy
Two pages
Answer these Qs about Russia economeyÂ
Â
Prepare a one-page handout which includes a BRIEF analysis of your country’s trade patterns.  (Look at the lists of imports and exports.)  Does your countryâ
€™s trade pattern appear follow a
factor-endowments explanation? Â What factors do you think your country is abundant in? Â What factorsare scarce? Â Is the country exporting goods that are intensive
in the abundant factor? Â Do you think a
different explanation, like economies of scale or love of variety preferences explains your country’s
trade patterns better than the factor endowments model?Â
