international trade theory An economy grows and the country wants to trade more after the growth. What can we expect happens to the terms of trade in this case, assume that the growth is caused by a...

international trade theory<br>An economy grows and the country wants to<br>trade more after the growth. What can we<br>expect happens to the terms of trade in this<br>case, assume that the growth is caused by a<br>proportionally greater increase in the supply<br>of labour than of capital and that the growth<br>in labour is larger than the economic growth?<br>

Extracted text: international trade theory An economy grows and the country wants to trade more after the growth. What can we expect happens to the terms of trade in this case, assume that the growth is caused by a proportionally greater increase in the supply of labour than of capital and that the growth in labour is larger than the economic growth?

Jun 07, 2022

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international trade theory An economy grows and the country wants to trade more after the growth. What can we expect happens to the terms of trade in this case, assume that the growth is caused by a...

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