What is a positive externality? Explain the argument of knowledge spillovers as a potential reason for infant

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What is a positive externality? Explain the argument of knowledge spillovers as a potential reason for infant industry protection.

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International Economics

ISBN: 978-1429278447

3rd edition

Authors: Robert C. Feenstra, Alan M. Taylor

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Question Posted: Feb 04, 2016 05:31 AM

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What is a positive externality? Explain the argument of knowledge spillovers as a potential reason for infant

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Positive externality exists when the increase in production by one firm generates benefi...View the full answer

International Economics

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