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Author Question: If some industries exhibit increasing returns to scale in each country, we should not expect to see ... (Read 80 times)

abern

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on: Jun 30, 2018
If some industries exhibit increasing returns to scale in each country, we should not expect to see
 
  A) intraindustry trade between countries.
  B) perfect competition in these industries.
  C) interindustry trade between countries.
  D) Either B or C.

Question 2

Reform of a country's trading system, including the reduction or elimination of trade barriers, is an example of
 
  A) an orthodox stabilization plan.
  B) a heterodox stabilization plan.
  C) economic populism.
  D) import substitution industrialization.
  E) structural reform.


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lolol

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

E


abern

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

flexer1n1

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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