For each of the following cases below determine the following: (a) the pre-trade relative prices; (b) the

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For each of the following cases below determine the following:

(a) the pre-trade relative prices;

(b) the direction of comparative advantage; and

(c) the limits to the relative wage rate.

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International Economics

ISBN: 9780321783868

9th Edition

Authors: Steven Husted , Michael Melvin

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