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You find out that countries always gain from trade when they follow Ricardian's way of trade (figure out CA and specialize its CA) Q) What
You find out that countries always gain from trade when they follow Ricardian's way of trade (figure out CA and specialize its CA) Q) What if consumer's preference indicates perfect substitute (a straight line indifference curve)? Please discuss the consequence of trade in a Ricardian world.
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