1.What are the impacts of trade on the specific factors model. Please give examples to illustrate your...

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1.What are the impacts of trade on the specific factors model. Please give examples to illustrate your answer.

2.Please explain the implications of diminishing returns on the specific factor model.

3.How does trade reinforce inequality?

4.Do you believe in the compensation principle - Losers should be compensated? Please support your position with empirical and hypothetical examples.

Posted Date: Jun 12, 2024 07:06 PM

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1.What are the impacts of trade on the specific factors model. Please give examples to illustrate your...

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