Business
Business, 15.08.2020 02:01, anggelkevin100

Consider the specific factors model. Suppose that a country produces automobiles (A) and boots (B) . Suppose also that we have A-specific capital and B-specific capital. Also, assume that labor is mobile within a country. If a country with a comparative advantage in good A moves from autarky to free trade and the price of good B stays the same from its point of view, then we would expect

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