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(a) Consider there are two countries (country 1 and country 2) with two goods (X and Y). Further, under the assumptions of the Ricardian model, country 1 specialise in goods X. Derive the Ricardian world market for good X.
(b) Explain the main reasons for the existence of external economies of scale.
Write short notes on ALL of the subsequent:
(a) Voluntary Export Restrictions
(b) Anti-Dumping and Countervailing Duties
(c) Export Subsidies and Import Quota
Describe the strategies of globalization and regionalization and explain when each strategy can be used effectively. Give examples of successful companies that have followed each
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haberler`s theory of neoclassical theory of trade
opportunity cost version is an improvement over the classical theory of international trade?comment
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