1. For each of the following examples, explain whether it is a case of external or internal...

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1. For each of the following examples, explain whether it is a case of external or internal economies of scale:

a. A number of firms doing contract research for the drug industry are concentrated in southeastern South Carolina.

b. All Hondas produced in the United States come from plants in Ohio, Indiana, or Alabama.

c. All airframes for Airbus, Europe’s only producer of large aircraft, are assembled in Toulouse, France.

d. Cranbury, New Jersey, is the artificial flavor capital of the United States.

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International Finance Theory And Policy

ISBN: 9781292019550

10th Edition

Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz

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Question Posted: Oct 02, 2024 07:03 AM

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1. For each of the following examples, explain whether it is a case of external or internal...

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International Finance Theory And Policy

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