For each of the following examples, explain whether it is a case of external or internal economies

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For each of the following examples, explain whether it is a case of external or internal economies of scale:

a. Almost all Hermes products are manufactured in France.

b. Apple has its displays mainly made in Japan, and some made in Korea.

c. All Toyota Land Cruiser and Prius sold in the United States market are assembled in Japan.

d. Gerber used to be an American-owned company, now a subsidiary of the Nestlé Group, headquartered in Fremont, Michigan.

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International Economics Theory And Policy

ISBN: 9781292409719

12th Edition

Authors: Paul Krugman , Maurice Obstfeld, Marc Melitz

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Question Posted: Feb 27, 2024 03:04 AM

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For each of the following examples, explain whether it is a case of external or internal economies

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a Almost all Hermes products are manufactured in ...View the full answer

International Economics Theory And Policy

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