=+who loses from this change in the price of cloth? Why? Do those changes conform to the

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=+who loses from this change in the price of cloth? Why? Do those changes conform to the changes described for the case with factor substitution?

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International Economics

ISBN: 9780132146654

9th Edition

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

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Question Posted: Oct 02, 2024 01:00 AM

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=+who loses from this change in the price of cloth? Why? Do those changes conform to the changes described for the case with factor substitution?
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=+c. What happens to those factor prices when the price of cloth rises? Who gains and
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=+who loses from this change in the price of cloth? Why? Do those changes conform to the

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International Economics

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