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A short essay of 1,000 words (±10%) should be submitted by each student no later than Tuesday 02/09/14 (Week 6). (The word count is inclusive of all footnotes and appendices but excludes references.) Students should answer one of the following questions:
1. Explain the theory of comparative advantage and critically investigate any two assumptions that the theory makes.
2. Does the increase in trade experienced in recent decades really involve ‘liberalization’?
3. Should trade be blamed for the poverty of nations?
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