Question: See the numerical example from the lecture slides. Suppose the two countries were to integrate their automobile market with a third country and a fourth
See the numerical example from the lecture slides. Suppose the two countries were to integrate their automobile market with a third country and a fourth country, which have an annual market for million and million automobiles, respectively. Find the number of firms, the output per firm, and the price per automobile in the new integrated market after trade.
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