进阶国际贸易 Adv International Trade ECON3016

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这是一份nottingham诺丁汉大学ECON3016作业代写的成功案例

进阶国际贸易 Adv International Trade ECON3016


values of $X_{1}$ and $X_{2}$ in both countries once the appropriate substitutions are made. Setting $e=\phi e_{0}$ and $b=\phi b_{0}$ in both equations yields:
$$
X_{1}(\phi)=\frac{\frac{r}{\phi}+b_{0}+e_{0}}{2 e_{0} P} \quad X_{2}(\phi)=\frac{e_{0}}{b_{0}+e_{0}}\left[L-{X,(\phi)}^{2}\right]
$$
Thus, $X_{1}$ is decreasing in $\phi$ and $X_{2}$ is increasing in $\phi$. It follows that the country with higher turnover has a relative supply curve which is further to the right than its counterpart’s. As a result, the autarkic price of the search-sector good is lower in the country with the higher turnover.






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ECON3016 COURSE NOTES :

$$
\left(\hat{x}{1}-\hat{x}{2}\right)={1 /|\lambda|}(\hat{L}-\hat{K})
$$
An increase in the relative endowment of labor compared with capital raises by a magnified amount the relative output of the first commodity. In more detail, if the endowment of labor increases relative to that of capital, with commodity prices constant,
$$
\hat{x}{1}>\hat{L}>\hat{K}>\hat{x}{2}
$$
The Rybczynski result refers to the fall in $x_{2}$ ‘s output if $\hat{K}$ is assumed to be zero.