A Decomposition of Ricardian Trade Gains
Teaching trade patterns and trade gains under the Ricardian trade model is one of the most difficult tasks for teachers of international economics. We propose that the utilization of both the PPF and a labor market graph makes the understanding of Ricardian trade gains much easier.
References listed on IDEAS
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- Maneschi, Andrea, 1998. "Comparative Advantage with and without Gains from Trade," Review of International Economics, Wiley Blackwell, vol. 6(1), pages 120-128, February.
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