2. Suppose the two countries we considered in the numerical example on pages 198202 were to integrate
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2. Suppose the two countries we considered in the numerical example on pages 198–202 were to integrate their automobile market with a third country, which has an annual market for 3.75 million automobiles. Find the number of firms, the output per firm, and the price per automobile in the new integrated market after trade.
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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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