Two countries engaged in trade in products with no scale economies,produced under conditions of perfect competition,are likely to be engaged in

Name: Two countries engaged in trade in products with no scale economies,produced under conditions of perfect competition,are likely to be engaged in
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Question

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In the absence of scale economies and under perfect competition, countries are likely to engage in inter-industry trade, where they trade different types of goods based on comparative advantage.

Two Countries Engaged in Trade in Products with No Scale