Why do different demand conditions influence basis for trade

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Question: 1. By choosing a specific industry in the US, discuss the role of a strategic trade policy in promoting economic growth and supporting domestic companies in competing more efficient internationally.

2. Why do different demand conditions influence the basis for trade in neoclassical theory but not in classical theory?

Need 600-700 words for both questions in total, including 5-6 references. Timeframe 3-4 hours.

Reference no: EM132221563

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