What is the usefulness of offer curves? How are they related to the trade model of Figure
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Nation 2 140 B' Nation 1 120 100 100 80 80 E' 60 A' 40 в Pe = 1 20 PB= 1 130 10 30 50 70 90 110 150 20 40 60 80 100 120 20
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An offer curve is a popular diagrammatic device used in general equilibrium twocountry model...View the full answer
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