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Other Papers on :International Trade

P/E/337. Does Recardian theory have universal application in international trade?

(2006, 1500 words)

The paper reviews Ricardian theory of comparative advantage in international trade discussing the possibilities of its extended application and studying it from the perspective of other economic theories. Conclusions are made that Ricardian theory is only valid for the trade between two counties and only with two goods.
 
   
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