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    International Finance
  4. Exam
    Exam 3: Labor Productivity and Comparative Advantage: The Ricardian Model
  5. Question
    -Given the Information in the Table Above
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-Given the Information in the Table Above

Question 5

Question 5

Short Answer

  -Given the information in the table above.If these two countries trade these two goods with each other in context of the Ricardian model of comparative advantage,what is the lower limit for the price of cloth?
-Given the information in the table above.If these two countries trade these two goods with each other in context of the Ricardian model of comparative advantage,what is the lower limit for the price of cloth?

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