In the Presence of External Economies of Scale,trade

question 23

Multiple Choice

In the presence of external economies of scale,trade

• A)will unambiguously worsen welfare in the exporting country and improve welfare in the importing country.
• B)will unambiguously improve welfare in the exporting country and worsen welfare in the importing country.
• C)may or may not improve welfare in both countries.
• D)will unambiguously worsen welfare in both countries.
• E)will unambiguously improve welfare in both countries.

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Definitions:

ABZORB

A cushioning technology used in footwear, particularly in athletic shoes, for enhanced comfort and shock absorption.

Market Segmentation

The process of dividing a target market into smaller, more definable categories based on characteristics such as demographics or consumer behavior.

Mobile Technology

Technologies related to portable computing devices such as smartphones and tablets that allow users to access services and information on the go.

Market-Product Combination

The pairing of a specific market segment with a particular product or service, tailored to meet the segment's needs.