Draw a figure showing the separation of the gains from exchange from the gains from specialization for

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Draw a figure showing the separation of the gains from exchange from the gains from specialization for Nation 2 in the right panel of Figure 3.4 if Nation 2 were now a small nation.
Figure 3.4

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International Economics

ISBN: 978-1119915737

11th edition

Authors: Dominick Salvatore

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Question Posted: Dec 09, 2015 02:46 AM

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Draw a figure showing the separation of the gains from exchange from the gains from specialization for

Question:

Nation 2 140 Nation 1 B' 120 100 80 80 eoA 60 60 ir 40 40 A' Pg 1 20 20 Pa=1 0 10 30 50 70 90 110 130 150 0 20 40 60 80 100 120

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140 120 100 80 ...View the full answer

International Economics

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