According to the introduction to this chapter, trade models built exclusively on the idea of comparative advantage

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According to the introduction to this chapter, “trade models built exclusively on the idea of comparative advantage have a mixed record when it comes to predicting a country’s trade pattern.” Using the concepts of interindustry and intraindustry trade, bring arguments to support this affirmation.

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International Economics

ISBN: 9781292433998

8th Global Edition

Authors: James Gerber

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