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2. Look at the country A only, suppose each worker has preferences U defined by: UA = 1ln(CA X ) + 2ln(CA Y ) ,

2. Look at the country A only, suppose each worker has preferences U defined by:

UA = 1ln(CA

X ) + 2ln(CA

Y )

, where CA

X is the consumption level for product X and CA

Y is the consumption level for product Y.

Find the autarky equilibrium for economy

And then describe the equilibrium for economy

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