In a monopolistically competitive industry spanning more than one nation, intra-industry trade yields gains to firms in the form of a wider variety of products and lower product prices.

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In a monopolistically competitive industry spanning multiple nations, firms engage in intra-industry trade, which allows them to offer a wider variety of products and benefit from the lower prices that come with economies of scale. This can increase competitiveness and benefit consumers by offering more choices and lower prices.

In a Monopolistically Competitive Industry Spanning More Than One Nation