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It Is Possible That Trade Based on External Scale Economies

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Essay

It is possible that trade based on external scale economies may leave a country worse off than it would have been without trade. Explain how this could happen.


Definitions:

IR Absorptions

The process where molecules absorb specific frequencies of infrared light, causing vibrations that can be used to identify them.

Structure

The arrangement or organization of atoms within a molecule, defining the molecule's shape, properties, and reactivity.

IR Spectra

A graph showing the absorption of infrared light by a compound, reflecting its molecular vibrations and used to identify chemical substances.

Radical Cation

A positively charged ion that contains at least one unpaired electron, making it highly reactive.

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