Question: Please provide answer for this problem. Thank you! Working for the Malaysian Ministry of Economy and Industry, an industry group writes a letter saying Opening

 Please provide answer for this problem. Thank you! Working for the

Please provide answer for this problem. Thank you!

Malaysian Ministry of Economy and Industry, an industry group writes a letter

Working for the Malaysian Ministry of Economy and Industry, an industry group writes a letter saying \"Opening up further to trade will expose our smallest rms to increased foreign competition, leading many of them to either shrink or exit. Thus, this will be a bad thing for our economy." Provide several sentences in response to this statement using the lessons and predictions from the Melitz model

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