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Use the Heckscher-Ohlin model to carefully explain the distributional impact that imposing a tariff on imports of the labour intensive good will have on an
Use the Heckscher-Ohlin model to carefully explain the distributional impact that imposing a tariff on imports of the labour intensive good will have on an economy that is endowed with a relative abundance of capital. Carefully explain the importance of each one of the assumptions of the Heckscher-Ohlin model in driving this result.
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