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1. What is international trade? Why does it occur? 2. How do the theories of absolute advantage and comparative advantage differ? 3. How do interindustry

1. What is international trade? Why does it occur?

2. How do the theories of absolute advantage and comparative advantage differ?

3. How do interindustry and intraindustry trade differ?

4. How do portfolio investments and FDI differ?

5. What are the three parts of Dunning's eclectic theory?

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