EBK INTERNATIONAL ECONOMICS
7th Edition
ISBN: 9780134523866
Author: Gerber
Publisher: YUZU
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Question
Chapter 3, Problem 5SQ
To determine
International trade and the impact over the economy.
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"Poor countries like Malawi have no absolute advantages. They have poor soil, low investments in formal education and hence low-skill workers, no capital, and no natural resources to speak of. Because they have no advantage, they cannot benefit from trade."
How would I respond to this statement?
Chapter 3 Solutions
EBK INTERNATIONAL ECONOMICS
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