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A Dynamic Specific-Factors Model of International Trade

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NBER1984-10-01 更新2025-01-04 收录
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In a dynamic economy land and capital serve not only as factors of production but as assets which individuals use to transfer income from workinq periods to retirement. Static models of international trade based on the specific-factors model incorporate only the first of these. Once the second is

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1984-10-01
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