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Consider 2 countries, US and Canada. Assume that US is Labor-abundant while Canada is land- abundant. Also suppose that there are 2 industries, auto with being more labor-intensive than Soy. No suppose that the soy industry produces differentiated products and is characterized by EOS and monopolistic competition. Auto industry is still perfectly competitive. what is the pattern of trade

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9290711

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