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Chako Chako
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9 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:
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machukianmachukian
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#1
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9 years ago
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Chako Author
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#2
9 years ago
Makes a lot of sense, and you're right.. I appreciate the input
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#3
9 years ago
Don't forget to vote my answer as best Nerd Face
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