How Can Learning by Doing and Economies of Scale Play

question 2

Essay

How can learning by doing and economies of scale play a role in deciding to impose trade restrictions? What name do we give to the argument for trade restrictions that is based on learning by doing and economies of scale?

---

Definitions:

Compound Propositions

Statements formed by combining two or more propositions with logical connectives, such as "and," "or," "if...then."

Categorical Propositions

Statements in logic that relate two categories or classes of things in an affirmative or negative manner.

Disjunctive

Pertaining to a logical relation that holds between two statements if at least one of them is true, most commonly represented by the "or" connective.

Hypothetical

Pertaining to a supposition or proposed explanation made on the basis of limited evidence as a starting point for further investigation or as a suggested point of argument.