International Economics Ricardian model
Does anyone know how to answer a question regarding free trade general equilibrium with 3 countiries and two goods?
This is the question
Derive and draw the world relative supply curve for good 1, which relates the world relative supply of good 1 (q1/q2) to its relative price in world markets (p1/p2). Make sure to label your graph as comprehensively as possible.
I can post further information if anyone is willing to help
This is the question
Derive and draw the world relative supply curve for good 1, which relates the world relative supply of good 1 (q1/q2) to its relative price in world markets (p1/p2). Make sure to label your graph as comprehensively as possible.
I can post further information if anyone is willing to help
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