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International Trade: How can we determine whether a country has effective abundance in a certain factor?...

International Trade:

How can we determine whether a country has effective abundance in a certain factor? How is effective factor abundance calculated?

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Consider a particular product that is produced all across the world. In the process of producing that product if a particular factor of production is used more introducing 1 unit of that product when compared to the that used across the world on an average, then we can conclude that the country is having effective abundance in that certain factor. The difference between the world average and the factor in your country determine the strength of how abundant your factor is on the whole.

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