Explain carefully why the assumption of identical technology worldwide eliminates the classical basis for international trade.

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International Economics

ISBN: 9780321783868

9th Edition

Authors: Steven Husted , Michael Melvin

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Question Posted: Apr 25, 2024 01:00 AM

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Explain carefully why the assumption of identical technology worldwide eliminates the classical basis for international trade.

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The assumption of identical technology worldwide eliminates the classical basis for international trade because it removes the main driver behind the ...View the full answer

International Economics

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