Present in detail the following two theories/models associated with "post-Heckscher-Ohlin" trade theory. In the case of each theory/model, be sure to indicate important characteristics of real-world international trade that the theory/model is attempting to explain.
(a) the product cycle theory
(b) the Krugman theory/model with economies of scale and monopolistic competition
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Q3: (This question pertains to material in
Q4: The Linder theory of trade suggests that
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Q5: The situation where a country both exports
Q6: What features of the product cycle theory
Q7: In the Krugman model of trade where
Q9: Suppose someone stated that the Heckscher-Ohlin model
Q10: (This question pertains to material in Appendix
Q11: How might the imitation lag hypothesis be
Q12: Which of the following findings would NOT
Q13: Why might it be hypothesized that a
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