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Social Studies, 27.02.2020 04:34 emmareese2022

If country A’s (PX/PY) in autarky is greater than the (PX/PY) on the world market, then, as the country moves from autarky to trade, the relative price of good X facing A’s producers will , and A’s producers will hence want to shift their production toward producing .

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If country A’s (PX/PY) in autarky is greater than the (PX/PY) on the world market, then, as the coun...

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