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Topic; International Economics a) Mercantilism is a bankrupt theory that has no place in the modern world. Justify your opinion. b) What is meant by
Topic; International Economics
a) Mercantilism is a bankrupt theory that has no place in the modern world. Justify your opinion.
b) What is meant by gains from exchange andgains from specialization?
c) The world's poorest countries are at a competitive disadvantage in every sector of their economies. Discuss.
d) According to the H-O theorem, what are the general equilibrium effects associated with free trade.
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