Solved: Returns to scale as a basis for international trade, Macroeconomics

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Returns to scale as a basis for international trade

Question: Explan the increasing returns to scale as a basis for international trade. Be sure that you define the relevant concepts, describe important features of such trade, and contrast these features with those of trade due to other causes.

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Macroeconomics: Returns to scale as a basis for international trade

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Macroeconomics: Returns to scale as a basis for international trade

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