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Title: A product is produced in a monopolistically competitive industry with scale economies. If this indus Post by: Chako on Mar 11, 2016 A product is produced in a monopolistically competitive industry with scale economies. If this industry exists in two countries, and these two countries engage in trade with each other, then we would expect
A) each country will export different varieties of the product to the other. B) the countries will trade only with other nations they are not in competition with. C) the country in which the price of the product is lower will export the product. D) the country with a relative abundance of the factor of production in which production of the product is intensive will export this product. E) neither country will export this product since there is no comparative advantage. Title: Re: A product is produced in a monopolistically competitive industry with scale economies. If this i Post by: machukian on Apr 18, 2016 Content hidden
Title: Re: A product is produced in a monopolistically competitive industry with scale economies. If this indus Post by: Chako on Apr 25, 2016 I doubted this website before I signed up. I regret not being a member earlier lol
Title: Re: A product is produced in a monopolistically competitive industry with scale economies. If this indus Post by: machukian on May 11, 2016 Don't forget to vote my answer as best :nerd:
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