INTERNATIONAL TRADE
INTERNATIONAL TRADE
Order Description
Main" rel="nofollow">in" rel="nofollow">in" rel="nofollow">in Trade Models
•The Riccardian model of comparative advantage
•The Specific Factors Model
• H-O model and its associated theorems
• Monopolistic competition model
Trade Models
For each trade model, you are expected to understand and explain" rel="nofollow">in" rel="nofollow">in" rel="nofollow">in –
EXPLAIN THEIR STRENGTHS AND WAEKNESSES
The main" rel="nofollow">in" rel="nofollow">in" rel="nofollow">in assumptions and conclusions
Practical applications
• e.g. why a country exports certain" rel="nofollow">in" rel="nofollow">in" rel="nofollow">in products?
• why neighbourin" rel="nofollow">in" rel="nofollow">in" rel="nofollow">ing countries trade more with each other?
• Any empirical evidence
• You should be able to compare and contrast different theories
• And provide critical evaluation of each model
PLS PUTTING HEADING ON EACH