Show the transition from autarky to trade in your diagram


Problem

Create an example of a comparative advantage model by choosing two countries and two products.

a) Draw a diagram describing autarky and a pattern of comparative advantage for your example.

b) Show the transition from autarky to trade in your diagram, label the trade flows, and demonstrate the gains from trade

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Show the transition from autarky to trade in your diagram
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