=+19. Can you think of any forces that might help bring about long-run PPP for nontradable goods?

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=+19. Can you think of any forces that might help bring about long-run PPP for nontradable goods? (It will help a bit here if you have understood the discussion in Chapter 5 of factor-price equalization.)

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International Economics

ISBN: 9780132146654

9th Edition

Authors: Paul R. Krugman, Maurice Obstfeld, Marc Melitz

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