Question
true and false 1 The effects of external economies of scale in international trade may not be entirely beneficial to all countries. 2 Intraindustry trade
true and false
1
The effects of external economies of scale in international trade may not be entirely beneficial to all countries.
2
Intraindustry trade reflects the comparative advantage of the countries.
3
Economies of scale are stopping the countries producing the full range of products at home.
4
We cannot predict the precise pattern of intraindustry trade because this is often a result of history and randomness.
5
If a national market is large, there should be enough demand to enable producers to realise economies of scale for certain products.
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