Explain the need to go beyond the analysis of static comparative advantage according to modifications of the

Question:

Explain the need to go beyond the analysis of static comparative advantage according to modifications of the assumptions, paying particular attention to 

a. Transportation costs

b. Factor proportions 

c. Human capital and knowledge

d. Distribution of benefits and costs of trade

e. Economies of scale and monopolistic competition

f. The product cycle and industrial metamorphoses

g. Anomalous terms of trade between primary and manufactured goods

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Economics An Introduction To Traditional And Progressive Views

ISBN: 9780765616685

7th Edition

Authors: Howard J. Sherman, E. K. Hunt, Reynold F. Nesiba, Phillip A. O'Hara, Barbara A. Wiens-Tuers

Question Posted: