Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN: 9781947172364
Author: Steven A. Greenlaw; David Shapiro
Publisher: OpenStax
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Chapter 33, Problem 14RQ

What are the two main sources of economic gains from intra-industry trade?

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What is the rationale for international trade?
What does the domestic price that prevails without international trade say about a nation's comparative advantage?
It is conceivable that a country with an industry that exhibits external economies of scale, with the established advantage, would benefit by moving away from free international trade. True or False? It's True Explain. Because

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Principles of Economics 2e

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