What is the usefulness of offer curves? How are they related to the trade model of Figure

Question:

What is the usefulness of offer curves? How are they related to the trade model of Figure 3.4?
Nation 2 140 B' Nation 1 120 100 100 80 80 E' 60 A' 40 в Pe = 1 20 PB= 1 130 10 30 50 70 90 110 150 20 40 60 80 100 120
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

International Economics

ISBN: 978-1118955765

12th edition

Authors: Dominick Salvatore

Question Posted: