Question: Countries do not appear to specialize only in those products that could be most efficiently produced by that countrys particular factors of production as proposed

Countries do not appear to specialize only in those products that could be most efficiently produced by that countrys particular factors of production as proposed by the comparative advantage model due to several reasons.

Discuss with example on THREE (3) common reasons why international trade might have approached the comparative advantage model during the 19th century but not in current market conditions. (9 marks)

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