Increase in volume of trade and shift towards exports of manufactured ... Bono's recommendation: debt forgiveness by rich countries. What was the debt used for? ...
... in Y1 (Y1 uses X1 relatively more intensively and A has relative abundance of X1) ... D for X2 (factor used more intensively in production of Y2) in A ...
... holidays. Capital ... in case of subsidies; definition of subsidies ... Definition of subsidies health care system, education, etc. Value of subsidies ...
First mover advantages distribution channels, brand name reputation, market pre-emption ... Pre-emption. Fighting brands. Distribution channels economies of ...
... holidays. Capital ... in case of subsidies; definition of subsidies ... Definition of subsidies health care system, education, etc. Value of subsidies ...
Extension of H-O model with internal economies of scale and monopolistic competition ... Caters to domestic demand (tastes, income levels) Uses familiar technology ...
Canada essentially bystander in MTNs EU, US and Japan dictate outlines of agreements ... Trade creation if tariffs blocked trade prior to customs union ...
Invest C$1 for one year in Government of Canada bond at interest rate of R(1,C) ... and are more illiquid than US$ bonds represents value of risk and illiquidity ...