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imowrer

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Describe the difficult choices in macroeconomic policy that Argentina faced in the late 1990s.
 
  What will be an ideal response?

Question 2

Using the HO model, assume that the United States is capital abundant and Mexico is labor abundant. If soybeans are capital intensive and avocados are labor intensive, it would be reasonable to expect the United States to
 
  A) specialize completely in soybean production.
  B) specialize completely in avocado production.
  C) increase soybean production, but still produce some avocados.
  D) increase avocado production, but still produce some soybeans.


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Joy Chen

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imowrer

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


jamesnevil303

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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