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INTERNATIONAL TRADE - ECON 4431W Textbook: INTERNATIONAL ECONOMICS by Appleyard and Field (9th edition; McGraw Hill) 2. Define the economics terms listed below. (Your answers
INTERNATIONAL TRADE - ECON 4431W
Textbook: INTERNATIONAL ECONOMICS by Appleyard and Field (9th edition; McGraw Hill)
2. Define the economics terms listed below. (Your answers should be concepts and trade theories explained with diagrams, if needed)
- Index of openness
- Factor Intensity Reversal
- Demand Reversal
- Tests of the theory
- Trade and Growth
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