International Trade

Running head: INTERNATIONAL TRADE
International Trade
Name of the Student
Name of the University
Course ID
Student ID

INTERNATIONAL TRADE1
Table of Contents
Data analysis....................................................................................................................................2
Graphical representation of openness and Gini index.................................................................2
Correlation coefficient between Openness and Gini Index.........................................................3
Validation of Stolper-Samuelson theorem...................................................................................3
Technical Analysis...........................................................................................................................4
a. Relative demand curve.............................................................................................................5
b. Relative supply curve..............................................................................................................6
c. Free trade equilibrium..............................................................................................................7
d. Line of Specialization..............................................................................................................8
e. Gains from trade......................................................................................................................8
List of references.............................................................................................................................9

INTERNATIONAL TRADE2
Data analysis
Graphical representation of openness and Gini index
Italy
32.5 33 33.5 34 34.5 35 35.5 36
40%
42%
44%
46%
48%
50%
52%
54%
56%
58%
Opennes and Gini Index
Gini Index
Openness
Sweden
25 25.5 26 26.5 27 27.5 28 28.5 29 29.5
70%
75%
80%
85%
90%
95%
100%
Opennes and Gini Index
Gini Index
Openness