What do we mean by monopolistic competition, International Economics

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What do we mean by monopolistic competition

Problem

What do we mean by monopolistic competition? Why do we use this model to examine intra-industry trade?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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International Economics: What do we mean by monopolistic competition

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International Economics: What do we mean by monopolistic competition

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