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The authors propose a theory of task trade between countries that have similar relative factor endowments and …
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The authors propose a theory of task trade between countries that have similar relative factor endowments and …
Persistent link: https://www.econbiz.de/10012551314
We develop a two-country, two-good, and two-factor model of international trade in which one of the sectors is perfectly competitive and the other one is oligopolistic. The oligopoly sector consists of a given number of identical firms for each country, but they are free to locate in any of the...
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