Answered: Reasons for international trade include…

Reasons for international trade include all except: a. Differences in technology b. No difference in capital stock c. Difference in demand d. Increasing returns to scale

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Reasons for international trade include all except:

Differences in technology

No difference in capital stock

Difference in demand

Increasing returns to scale

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