New trade theory points out that through its impact on economies of scale, trade can increase the variety of goods available to consumers and _______ the average costs of those goods.

Name: New trade theory points out that through its impact on economies of scale, trade can increase the variety of goods available to consumers and _______ the average costs of those goods.
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Question

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New trade theory suggests that trade allows companies to achieve economies of scale, thus reducing the average costs of goods.

New Trade Theory Points Out That Through Its Impact on Economies