What do Eaton and Kortum see as Ricardo’s main insight? What problems do with th

What do Eaton and Kortum see as Ricardo’s main insight? What problems do with th.

What do Eaton and Kortum see as Ricardo’s main insight? What problems do with the original version of the theory do they think made it difficult to apply in practice? How do they think recent innovations have helped make the theory relevant again?
What was something you didn’t understand in this week’s reading?

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What do Eaton and Kortum see as Ricardo’s main insight? What problems do with th