Question: could you please answer a) If countries have similar factor endowments and productivityes, what type of trade are they most likely to have? b) How

could you please answer

a) If countries have similar factor endowments and productivityes, what type of trade are they most likely to have? b) How can regional concentration of firms in an industry lead to external economies of scale? Give examples of these types of industrial clusters in the United States. Are they always beneficial
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
