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Econ_433_s10_lec3 - Advanced International Trade Lecture 3...

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Advanced International Trade Lecture 3 Prof. Tybout January 19, 2010
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2 Lecture outline Trade theory basics The Ricardian model: brief recap The Ricardian model: numerical example Terms of trade The Ricardian model with increasing returns Relevant reading: Feenstra and Taylor, chapter 2. First homework assignment to be posted; due next Tuesday, January 26.
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