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    Applied International Economics
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    Exam 4: Factor Endowments and the Commodity Composition of Trade
  5. Question
    Why Would International Trade Have a Tendency to Equalize the Prices
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Why Would International Trade Have a Tendency to Equalize the Prices

Question 124

Question 124

Short Answer

Why would international trade have a tendency to equalize the prices of the factors of production between two countries that trade with one another?

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