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The Ricardian model and trade

In our treatment of the Ricardian model We have focused on the case of trade involving only two countries. Suppose that there are many countries capable of producing two goods, and that each country has only one factor of production, labor. What could we say about the pattern of production and trade in this case?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9212371

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