Slide 1 Slide 2 1 Ch. 5: The Standard Trade Model Slide 3 2 Introduction The standard trade model combines ideas from the Ricardian model and the Heckscher-Ohlin model. The…
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1. International Trade and Balance of payments Chapter 10 2. International Trade and Balance of payments “The benefit of international trade-a more efficient employment…
Notes on Graduate International Trade1 Costas Arkolakis2 Yale University May 2012 [New version: preliminary] 1This set of notes and the homeworks accomodating them is a collection…
Slide 1 The Ricardian Theory of Trade ECO 41 International Economics Udayan Roy http://myweb.liu.edu/~uroy/eco41/ Slide 2 The Ricardian Model Please see Chapter 3 (Labor…