New trade theory argues that, through its impact on economies of scale, trade can
A) increase the average costs of goods.
B) enable the global market to support a wide range of enterprises.
C) negatively affect the first-mover advantage for all products
D) increase the variety of goods available to consumers.
E) prevent diminishing of returns and promote constant returns to specialization.

Question

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The Answer of New trade theory argues that, through its impact on economies of scale, trade can
A) increase the average costs of goods.
B) enable the global market to support a wide range of enterprises.
C) negatively affect the first-mover advantage for all products
D) increase the variety of goods available to consumers.
E) prevent diminishing of returns and promote constant returns to specialization.

New Trade Theory Argues That, Through Its Impact on Economies