1.2. Explain the following patterns of trade using the HeckscherOhlin model. a. France exports wine to the...

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1.2. 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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Economics

ISBN: 978-0716771586

2nd Edition

Authors: Paul Krugman ,Robin Wells

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