You just overheard your friend say the following: “Poor countries like Malawi have no absolute advantages
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You just overheard your friend say the following: “Poor countries like Malawi have no absolute advantages. They have poor soil, low investments in formal education and hence low-skill workers, no capital, and no natural resources to speak of. Because they have no advantage, they cannot benefit from trade.” How would you respond?
10 years ago
You just overheard your friend say the following: “Poor countries like Malawi have no absolute advantages
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