Use these articles to answer the questions that follow.

https://delong.typepad.com/patrick-obrien--european-economic-growth--the-contribution-of-the-periphery-2595100.pdf

https://economics.mit.edu/files/4466

1. "The Stolper-Samuelson Theorem is useful in explaining the distributive effects of both inter-industry and intra-industry trade". Do you agree/disagree with this statement?Why?State the theorem and discuss its relevance to both cases.
2. Summarize the main arguments in O'Brian (1982) and Acemoglu (2006) papers by focusing on the following points:
3. What do the "dependency school" scholars claim about the development of the North and South as to the sources of industrialization and capital accumulation?
4. How does O' Brian (1982) try to refute the arguments of the dependency school? What is the main source of economic growth in Western Europe according to him? Is Atlantic trade important for economic growth in Western Europe for him? Why or why not?
5. Do you think that the econometric findings of Acemoglu et al (2006) support O'Brian's conclusions?How does Acemoglu et al (2006) view the importance of Atlantic Trade as far as economic growth in Western Europe is concerned?Discuss.