According to the new trade theorists,because early entrants are able to gain __________,the early entrants into an industry may get a lock on the world market that discourages subsequent entry.

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According to new trade theorists, early entrants are able to gain economies of scale, which allows them to produce and sell goods at a lower cost than their competitors. This cost advantage can make it difficult for new entrants to compete in the market, as they may not be able to achieve the same economies of scale. As a result, the early entrants may be able to establish a dominant position in the market, discouraging subsequent entry.

According to the New Trade Theorists,because Early Entrants Are Able