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In case of internal economies. of scale in a good, neither country is able to produce the full range of that good in a autarky.
In case of internal economies. of scale in a good, neither country is able to produce the full range of that good in a autarky. In view of this statement and also in existence of comparative advantage, describe the pattern of trade in case of two countries of your choice , two factors of production and two goods.
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Lets consider two countries Country A and Country B and two factors of production labor and capital ...
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Introduction to Management Science
Authors: Bernard W. Taylor
11th Edition
132751917, 978-0132751919
