New trade theory explains the location of firms in one city rather than another by using the
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New trade theory explains the location of firms in one city rather than another by using the concepts of “economies of scale” and “first-mover advantage.” Explain the argument made by new trade theory.
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
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