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Competitive International Trade Theory has frequently been criticized for its intensive use of diagrams (as opposed to more formal mathematics, such as calculus and algebra), prompted by its typical use of small dimensional models. This paper selects ten diagrams useful in capturing the essence...
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It has been over fifty years since Stolper and Samuelson (1941) pointed out that whereas free trade may be beneficial to a country in aggregate terms, even a broadbased factor such as labor may be hurt by the price changes which trade brings about. In particular, a staple of Heckscher-Ohlin...
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