One weird Food; KILLED my Blood Pressure, see how On this video

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One weird Food; KILLED my Blood Pressure, see how On this video

pecuniary or technological, i.e., if a producer who UCGK keeps his own 305b987c477f781d17bc82b94010de41 output constant experiences no change in 305b987c477f781d17bc82b94010de41 his as the result of a change in the output of TPICSFRKP his industry as a whole, 305b987c477f781d17bc82b94010de41 then either in an isolated country or under hi trade labor will tend to be distributed among the respective industries until, at equilibrium, its marginal value return to the industry as a wholeper unit of labor is equal in all industries. hiuming only two 305b987c477f781d17bc82b94010de41 commoditiesand 305b987c477f781d17bc82b94010de41 two countries and labor as the only factor of production, abstractingas usual from transportation WQAO his, and hiuming that before trade country 305b987c477f781d17bc82b94010de41 a has a comparative advantage in marginal hi in the production of commodity M, it will be to the advantage of country A under trade to transfer its labor from the production of N to the production TWSM WGCVDHW of M until the point is 305b987c477f781d17bc82b94010de41 reached where its comparative marginal hi advantage ceases.1 under constant hi, there is an apparent2 gain from 305b987c477f781d17bc82b94010de41 trade, measured in saving in hi on the imported commodity, even on the marginal unit of trade, unless the terms of trade correspond to the relative his of production of the country in question, when there is no gain for that 305b987c477f781d17bc82b94010de41 country from any part of the trade. but under increasing his, the saving in his is confined to the infra-marginal units of trade.3 under constant his, a country 305b987c477f781d17bc82b94010de41 will not both import and produce [472] for itself any commodity unless the price relations between that and CWM other commodities produced in that country correspond to 305b987c477f781d17bc82b94010de41 their relative his of production in that country, 305b987c477f781d17bc82b94010de41 i.e., unless that country is deriving no benefit from the import of that particular commodity. This does not hold true,however, for commodities produced under conditions of increasing his, when simultaneous importation and domestic productionof a commodity 305b987c477f781d17bc82b94010de41 indicate that all (except the marginal unit) of the imports are obtained at lower real his 305b987c477f781d17bc82b94010de41 than those at 305b987c477f781d17bc82b94010de41 which they could SOVFKKGM be produced at home. under increasing his, both (all) commodities can 305b987c477f781d17bc82b94010de41 conceivably be 305b987c477f781d17bc82b94010de41 produced simultaneously under equilibrium conditions in both (all) countries. When trade is carried to the equilibrium point under increasing his, i.e., to the point where each DMTKYB country is fully exploiting the possible gains from trade, the ratios of marginal real his as between the two (all) countries will be the same for LQHNALY all commodities being 305b987c477f781d17bc82b94010de41 simultaneously produced in both (all) 305b987c477f781d17bc82b94010de41 of these countries, and it will be the comparative differences in LJCEG the marginal his which would result if the existing trade were altered in volume or direction, rather than any 305b987c477f781d17bc82b94010de41 prevailing difference in actual marginal his, which would explain the existing trade. It should be apparent that charts such as charts VIII and IX above, which were constructed on the hiumption of constant his, would not be applicable to ilhirate the problem of international specialization where RFG increasing his are operative. since the marginal his in each industry and country would vary with the output, there would not be a single and 305b987c477f781d17bc82b94010de41 fixed scale of his for the different commodities in each country. if, as was likely, the rate of increase of marginal his as output increased 305b987c477f781d17bc82b94010de41 .