
International Economics 10th Edition by Paul Krugman,Maurice Obstfeld ,Marc Melitz
Edition 10ISBN: 978-0133423648
International Economics 10th Edition by Paul Krugman,Maurice Obstfeld ,Marc Melitz
Edition 10ISBN: 978-0133423648 Exercise 2
Suppose the two countries we considered in the numerical were to integrate their automobile market with a third country, which has an annual market for 3.75 million automobiles. Find the number of firms, the output per firm, and the price per automobile in the new integrated market after trade.
Explanation
If the two countries integrate their aut...
International Economics 10th Edition by Paul Krugman,Maurice Obstfeld ,Marc Melitz
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