The specific factors model. This model includes multiple factors of production, but some are specific to the

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The specific factors model. This model includes multiple factors of production, but some are specific to the sectors in which they are employed. It also captures the short-run consequences of trade on the distribution of income. LO.1

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International Trade Theory And Policy

ISBN: 978-1292417233

12th Global Edition

Authors: Paul Krugman ,Maurice Obstfeld ,Marc Melitz

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Question Posted: Jul 19, 2024 05:02 PM

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The specific factors model. This model includes multiple factors of production, but some are specific to the

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International Trade Theory And Policy

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