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Describe trade in the ricardian model

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Describe trade in the Ricardian model. It will be helpful to consider a situation before trade (autarky) and after trade. You will want to draw two graphs for the two situations. Remember to consider the PPF, price line, indifference curves and the equilibrium point before and after trade. You only need to do this for the home country.

Reference no: EM133077250

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