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1 Ricardian Model: Gains from Trade [60 points] Suppose 2 countries, Germany and France trade wine and beer with each other. 1. Name 2 reasons
1 Ricardian Model: Gains from Trade [60 points] Suppose 2 countries, Germany and France trade wine and beer with each other. 1. Name 2 reasons why Germany and France trade a lot with each other as opposed to with other trade partners
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Economics
Authors: R. Glenn Hubbard
6th edition
978-0134797731, 134797736, 978-0134106243
