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models following the theory and perspectives of Ronald Jones can help readers develop informed judgement regarding critical … sectors in developing and transition countries, the non-uniform effects of inflation and deflation on internal and external …
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We use the HOSV model of trade to find out a link between corruption and the pattern of trade, not just its effect on the volume of trade. We prove that greater corruption in labor-abundant countries will restrict the volume of world trade while corrupt capital-abundant countries promote trade....
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