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?
Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…
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