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Question 2 (10 marks) a) Briefly explain the Heckscher-Ohlin theory relating to the trade flow of any country b) Discuss the applicability of the Stolper-Samuelson

Question 2 (10 marks)

a) Briefly explain the Heckscher-Ohlin theory relating to the trade flow of any country

b) Discuss the applicability of the Stolper-Samuelson theorem for predicting terms of tradem in two countries.

c) How would you explain trade flow in the current COVID19 environment?

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