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World Scientific Studies in International Economics· 2014· Book chapter

National and International Returns to Scale in the Modern Theory of International Trade

Wilfred J. Ethier

Short summary

The dominant Hecksch-Ohlin-Samuelson (H-O-S) trade model, despite its long-standing influence, faces persistent suspicion due to inconsistencies with modern commerce facts.

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Field: General Economics, Econometrics and Finance

General Economics, Econometrics and FinanceEconomics, Econometrics and Finance