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Explain how international trade affects the distribution of income using the neoclassical HO model using a partial equilibrium model supply and demand model for

Explain how international trade affects the distribution of income:

(a) using the neoclassical HO model

(b) using a partial equilibrium model (supply and demand model for a single market)

(c) adopting a more dynamic perspective that takes investment, innovation, and economic growth agglomeration into consideration

Mar 24 2020 Read more Less More

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