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Part Three Theories and Institutions: Trade and Investment
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Chap13
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13-1 COPYRIGHT © 2008 Thomson South-Western, a part of The Thomson Corporation. Thomson, the Star logo, and South-Western are trademarks used herein under
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Module Comparative Advantage and Trade KRUGMAN'S MACROECONOMICS for AP* 4 Margaret Ray and David Anderson
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International Trade. A. Closed economy- does not engage in trade or other economic interaction with other countries. Very rare. Open economy- free and
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