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Part 1. I NTERNATIONAL T RADE T HEORY. C HAPTER 2 L ABOR P RODUCTIVITY AND C OMPARITIVE A DVANTAGE: T HE R ICARDIAN M ODEL. Figure 2-1 Home’s Production Possibility Frontier. Figure 2-2 Foreign’s Production Possibility Frontier. Figure 2-3 World Relative Supply and Demand.

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  1. Part 1 INTERNATIONAL TRADE THEORY

  2. CHAPTER 2LABOR PRODUCTIVITY AND COMPARITIVE ADVANTAGE: THE RICARDIAN MODEL

  3. Figure 2-1 Home’s Production Possibility Frontier

  4. Figure 2-2 Foreign’s Production Possibility Frontier

  5. Figure 2-3 World Relative Supply and Demand

  6. Figure 2-4 Trade Expands Consumption Possibilities

  7. Figure 2-5 Determination of Relative Wages

  8. Figure 2-6 Productivity and Exports

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