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Chako Chako
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Posts: 2948
8 years ago
Suppose that two countries, A and B, employ the same technology in the production of a good. External economies of scale apply in both countries. Analyze the effects of trade on long-run production levels if country A has a comparatively lower cost of production when trade begins.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 537 times
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Answer verified by a subject expert
machukianmachukian
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Top Poster
Posts: 2946
8 years ago
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nazimokutan

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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
Thanks for the feedback, I'm sure others will appreciate it too
wrote...
4 years ago
thank you
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