Textbook Notes (368,214)
Canada (161,710)
Economics (294)
ECON 342 (5)
David Cox (5)
Chapter 5

Chapter 5 – The Standard Trade Model

4 Pages
Unlock Document

ECON 342
David Cox

f½Ŷ@ f°[email protected], ¯¯fť O 6nff°¯ Ŷ99¾f¯°f nf°€f¾°– ¾n¾ţ fţ° ¾n¾Ŧ¾°f f¾°€°n¯ O xn¾nŴ °¯ Ŷ¯ ½ €fn¾€½n°ţ¾€€°n¾°¾n¾nf° fŦ@fnf°f€€n¾°€°n¯ O „f€f¾ť 4 9nnf½fn€f°n°¯nf°¾¯¯f ¾99ţf°€€°n¾°99 –¾f 4 9n°½¾¾ ¾¯°n!¾ f¾½½ ¾n 4 J "¯Ŧ¯° 6f° 6„¾n #n ¾° °f°f f¾½½ ¾n ¾$ Œ f°f,€[email protected]°–n°¯ O „f°ff¯ °% f°¾½¾°ť 4 99f°6„n è 9°°99½°¾° f½n€n ţ f€ è ÿ°€€n°¯fţn°¯ ¯f&¯ f €½f–°¯f ½n¾ è ,ff €½nf°f°f¾¾f °¾#f °–nf € ½¾n°¾f°$ O x–f ţ€f¾f ° O „ ½¾¯°¾ f½n€n 4 6 f½n¾f° f¯f° è If €n°¯!¾n°¾¯½°ƹf €n°¯!¾½n° è @€ţn°¾¯½°f°½n°¯¾ °¾f¯¾f ° è ¯f°(f¾¾nf°½¾°°€€°nn¾ O °f¾ ½°– O @€f½(–n ¾ţ– € €f( O £fnn–¾€ ff¾¯– O £n°¯ n¾n°¾¯f½°°¾f °f°–° –¾°€€°nn O ÿ°n¯€€nf°¾¾°€€n 4 J°½n€&½¾¾ţ¯n°¾¯½°f ţ¾€ f¾¯½– 4 ¯°f°€ "¯Ŧ 6„f° 6 è 4 £€€n€¯¾€ff°°f°!¾ €f è J° f½n€–&°nf¾¾ţn°f&½¾–&¾¯f €€ è °f ţf¾°¯¾€f°nf¾¾fn°!¾ €fţ f n °n¾¾ €f £n°¯nf°99 O ƹf¾€€99#¾ €°nf¾°¾n¾€¯½¯°¾°€€n°n$ O ‰f¾–ƹ99¾€¾¯°°n°Ŧ6f¾°¾€f¾–ť 4 6nff°Ŷn° –nf ½–¾¾°°¾n &½f°99¯°fn° 4 xŴ, Ŷ°nf¾°f€fn€½n° ¾ °f¾–°– n¾¯°°¾°f€fn 6 f„½½ f°@¯¾€@f O f¾f¾–fn°&½¾¾&½Ŵf¾– O f¾f¾–fn°¯½¾¾¯½Ŵf¾– O £&½Ŵf¾–°¾¾°f–°–n°!¾¯¾€fţ°€€ ¾€ O ÿ¯½Ŵf¾–°¾¯½f–°–n°!¾¯¾€fţf&½°¾€ ¾€ ÿ°°f°f £€€n¾€ O £&½Ŵf¾–°¾€ ¾–€¾Ŷ¯½¾¯¾€f O ÿ¯½Ŵf¾–°¾€ ¾f€¾Ŷ¾°¾¯¾€f O £&½Ŵf¾–f¯¾f€¾Ŷ¾°¾¯¾€f O ÿ¯½Ŵf¾–f¯¾–€¾Ŷ¯½¾¯¾€f O ÿ¯¯¾°––Ŷ&½Ŵf¾–½°f°¾ ¾°@@¾¯n f ¾€€f°€°!–ff 4 ° nf Ŷ "¾½6„f°6n¾ ÿ°°f°[email protected]°¾€¾€ÿ°n¯ť €°– O „€€¯ °–)¯¾€f–°f°–°¾½½ ¾nf°–¾–°f°–° ¯f°¾ O 6f¾°¾€nf°–° ¯f°ť 4 f°–°f¾¾ţn° – 4 ,¾¯½f°ť°°f°f f°¾€¾€°n¯#f€ffţf* Ŵ n°¾$ £€€n¾€[email protected]°¾€°@¯¾€@f O ÿ€x¯f°¾€¾¯°–°ţ¯!¾°n¯¾n¾¯¾n&½°¾Ŧ ¾ţ–°°nf¾¾¾&½°¾ƹƽ¯f¾€ 6f°¯¾€f O @¾¾° €€n€ff°¾€€°n¯Ŷ°¾€°6„#½n°€f°–° f ½n °nf°–°n°$ O 9 f¯f°Ŵ¾¾¾ O „€°6n¾°°n¾¾fŶ€–°f nf¾&f°n¯°–¾°¾f¯ ½½°¾fx¯n¾¾¾½°°–ţ¾½°°–°–¾ °nf°– O ÿ€x¯f nf¾–½½°€¯f–°f ¾€°&½°n f°–° #–¯f–°f½½°¾¾½°°n f°–°$ţ°ff°–° f½nţ x¯!¾f°¾€½f¯°–°n¾¯f°€n f°°nf¾¯f°€€
More Less

Related notes for ECON 342

Log In


Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.