Question
It is often argued that the existence of increasing returns is a source of conflict between countries, since each country is better off if it
It is often argued that the existence of increasing returns is a source of conflict
between countries, since each country is better off if it can increase its production in
those industries characterized by economies of scale. Evaluate this view in terms of
the external economies model.
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Managerial Economics Theory Applications and Cases
Authors: Bruce Allen, Keith Weigelt, Neil A. Doherty, Edwin Mansfield
8th edition
978-0393124491, 393124495, 978-0039391277, 393912779, 978-0393912777
