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International Trade Based on External Scale Economies in Both Countries

Question 30

Multiple Choice

International trade based on external scale economies in both countries is likely to be carried out by


A) a relatively large number of price competing firms.
B) a relatively small number of price competing firms.
C) a relatively small number of imperfect competitors.
D) monopolists in each country.
E) a large number of oligopolists in each country.

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