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Chako Chako
wrote...
Posts: 2948
8 years ago
Spencer and Brander's model highlights the existence of
A) the futility of government bureaucrats' attempts to build an airplane.
B) aircraft industries.
C) excess returns present in highly competitive markets.
D) natural advantages in foreign technology firms.
E) excess returns, or rents, available in non-competitive markets.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 217 times
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Answer verified by a subject expert
machukianmachukian
wrote...
Top Poster
Posts: 2946
8 years ago
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Chako Author
wrote...
8 years ago
Makes a lot of sense, and you're right.. I appreciate the input
wrote...
8 years ago
Don't forget to vote my answer as best Nerd Face
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