Explain the need to go beyond the analysis of static comparative advantage according to modifications of the
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Explain the need to go beyond the analysis of static comparative advantage according to modifications of the assumptions, paying particular attention to
a. Transportation costs
b. Factor proportions
c. Human capital and knowledge
d. Distribution of benefits and costs of trade
e. Economies of scale and monopolistic competition
f. The product cycle and industrial metamorphoses
g. Anomalous terms of trade between primary and manufactured goods
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Related Book For
Economics An Introduction To Traditional And Progressive Views
ISBN: 9780765616685
7th Edition
Authors: Howard J. Sherman, E. K. Hunt, Reynold F. Nesiba, Phillip A. O'Hara, Barbara A. Wiens-Tuers
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