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Answer to Question #9311 in Economics of Enterprise for Josh
Question #9311
Using evidence from the UK trade statistics (Pink Book 2010 chapter 9) discuss what
pattern of comparative advantage the data on trade in goods and trade in services
reveals about UK trade with China (and Hong Kong), Germany, Spain and one country
of your choice in 2009. To what extent do these bilateral trade figures conform to the
UK’s general pattern of comparative advantage?
pattern of comparative advantage the data on trade in goods and trade in services
reveals about UK trade with China (and Hong Kong), Germany, Spain and one country
of your choice in 2009. To what extent do these bilateral trade figures conform to the
UK’s general pattern of comparative advantage?
Expert's answer
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