Imagine Scale Economies Were Not Only External to Firms, but Were

question 4

Essay

Imagine scale economies were not only external to firms, but were also external to individual countries. That is, the larger the worldwide industry (regardless of where firms or plants are located), the cheaper would be the per-unit cost of production. Describe what world trade would look like in this case.

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Definitions:

Gender Non-Conforming

Refers to a gender expression that indicates a non-traditional gender presentation.

Feminine Clothing

Apparel designed to align with traditional feminine styles and aesthetics, often characterized by dresses, skirts, and delicate fabrics.

Glass Ceiling

An invisible barrier that prevents women and minorities from advancement in organizations.

Hegemonic Masculinity

The version of masculinity that is set apart from all others and considered dominant or ideal within society; often associated with toughness, bravado, aggression, and violence.