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We introduce credit frictions motivated by moral hazard in a general equilibrium model of international trade with two dimensions of heterogeneity and endogenous investments. International economics and business covers the key concepts typically included in an introductory course on the global economy, supported by contemporary case studies from the international business world. View chiara tomasis profile on linkedin, the worlds largest professional community. The globalized economy depends on local and contextspecific factors. See more ideas about free ebooks, ebook pdf and books to read online.
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