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Chako Chako
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8 years ago
If two countries begin trade and both produce a product subject to external economies of scale, then the country with the ________ rate of production will ________ production until it controls ________ of the market.
A) higher; decrease; 0%
B) lower; increase; 100%
C) lower; increase; 50%
D) higher; increase; 100%
E) higher; increase; 50%
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 172 times
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machukianmachukian
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8 years ago
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Chako Author
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#2
8 years ago
Good answer, thank you
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#3
7 years ago
Don't forget to vote my answer as best Nerd Face
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