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Which of the following is an important consideration in short run factor-proportions trade analysis?
a. Comparative advantages only occur in theory.
b. Specific factors are always free to move intra-industrially.
c. In the real world, wage and rent earnings are differentiated in the short run.
d. Gains from trade are always greater in the long run.
if we impose any rule and regulation on clasical model like not expoit polutionso what is effect on factor of clasical model
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How can achieve mutual gain from international trade?
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