The _____ theory began to emerge in the 1970s when some economists pointed out that the ability of firms to attain economies of scale might have important implications for international trade.

Question

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The new trade theory began to emerge in the 1970s when a number of economists pointed out that the ability of firms to attain economies of scale might have important implications for international trade.

The _____ Theory Began to Emerge in the 1970s When