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Question: In the Heckscher-Ohlin model studied in the slides, suppose that K L = K* L* but preferences may be different between countries. Suppose that the home country has comparative advantages in food. In what country do consumers have stronger preferences for food? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M93123175

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