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Explain the following statement: The owners/users of the abundant factor win from trade; the owners/users of the scarce factor lose from trade, according to the
Explain the following statement: "The owners/users of the abundant factor win from trade; the owners/users of the scarce factor lose from trade, according to the theory of comparative advantage." Describe the matrix by Rogowski. Name three countries and fit them in the Matrix. Explain your decision/reasoning
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Managerial Economics and Strategy
Authors: Jeffrey M. Perloff, James A. Brander
2nd edition
134167879, 134167872, 9780134168319 , 978-0134167879
