Question: e. Plot the excess demand and excess supply curves for Machinery at world price ratios (P=Pm/Pf) betgreater than 1. (As part of this, you'll need

e. Plot the excess demand and excess supply curves for Machinery

e. Plot the excess demand and excess supply curves for Machinery at world price ratios (P=Pm/Pf) betgreater than 1. (As part of this, you'll need to determine which country is the excess demander and which is the excess supplier for M.) Solution

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