Basics of International Economics - MDP

Section 1: Theories of international trade in goods and services 1. Trade between countries with different characteristics 1.1 Absolute advantages 1.2 Comparative advantages 1.3 Where do comparative advantages come from? 1.3.1 Factor endowments 1.3.2 Economies of scale 1.4 Summary 2. Trade between similar countries 2.1 Competitive advantages ................
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