Comparative Advantage with Two Factors of Production

Comparative Advantage with Two Factors of Production

This chapter contains sections titled: Introduction A Production Possibilities Frontier With Increasing Opportunity Costs Equilibrium In A Closed Economy Production Equilibrium In An Open Economy Consumption Equilibrium And The Pattern Of Trade Gains From Trade Neoclassical Demonstration Of Comparat...

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Bibliographische Detailangaben
Format: Buchkapitel
Sprache:eng
Schlagworte:
closed economy
international equilibrium
open economy
opportunity costs
production possibilities
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Beschreibung
Zusammenfassung:This chapter contains sections titled: Introduction A Production Possibilities Frontier With Increasing Opportunity Costs Equilibrium In A Closed Economy Production Equilibrium In An Open Economy Consumption Equilibrium And The Pattern Of Trade Gains From Trade Neoclassical Demonstration Of Comparative Advantage The Offer Curve And International Equilibrium Summary Key Concepts Questions And Tasks For Review
DOI:10.1002/9780470759189.ch3