2. Explain the following patterns of trade using the HeckscherOhlin model. a. France exports wine to the
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2. Explain the following patterns of trade using the Heckscher–Ohlin model.
a. France exports wine to the United States, and the United States exports movies to France.
b. Brazil exports shoes to the United States, and the United States exports shoe - making machinery to Brazil.
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Related Book For
Essentials Of Economics
ISBN: 9781429218290
2nd Edition
Authors: Paul Krugman, Robin Wells, Kathryn Graddy
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