It has been argued that opening a country to international trade is a great antitrust policy. What

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It has been argued that opening a country to international trade is a great “antitrust” policy. What impact would the threat of imports have on a monopolist who had never before been faced with foreign competition? How would the monopolist respond concerning the quantity produced and the price charged in the domestic market?
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International Economics

ISBN: 9780078021671

8th Edition

Authors: Dennis Appleyard, Alfred Field

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