According to the specific factors model, which of the following is correct?
1
Trade benefits the factor specific to the export sector of each country but hurts the factor specific to the import-competing sectors with ambiguous effects on mobile factors
2
Trade hurts the factor specific to the export sector of each country and also hurts the factor specific to the import-competing sectors, with ambiguous effects on mobile factors.
3
Trade benefits the factor specific to the import sector of each country but hurts the factor specific to the export-competing sectors, with ambiguous effects on mobile factors.
4
More than one of the above
5
None of the above