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20 Nov 2019

Compare and contrast the classical and HO (Heckscher-Ohlin) theories of the commodity composition of trade. Discuss differences in assumptions, post trade production points, and the effects of trade on the distribution of income. Hint! Explain your answer by comparing the shape of the production possibility curve.

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Nestor Rutherford
Nestor RutherfordLv2
26 Apr 2019
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