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Cobi Smith edited Market_with_no_international_trade__.md
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Within lecture we're looking at diagram showing gain from exporting, using iron ore as example.
Interesting choice of case study given
Freebairn, J. (2014,
Borland, J. I. (2013). ‘Have globalisation and the expansion of international trade improved wellbeing?’ Case Study 3.4, Microeconomics: Case studies and applications (2nd ed.) (144-51). South Melbourne: Cengage Learning Australia.
Reading: this week's compulsory reading:
Freebairn, J. (2014, June). ‘Climate change and economic policy.’ Background Notes, University of Melbourne.