1. The concept of the increasing returns to scale implies that the international economy would lead...
1.
The concept of the increasing returns to scale implies that the international economy would lead to:
heighten national security
monopoly and concentration of location of production, as firms look for locations with lower-cost of production.
infant industry protection and job creation
preventing an outflow of gold
Homework Answers
Option B.
The concept of the increasing returns to scale implies that the international economy would lead to monopoly and concentration of location of production, as firms look for locations with lower-cost of production.
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1.
The concept of the increasing returns to scale implies that the
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