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  • Economies of Scale
OpenStax Principles of Macroeconomics 2e, International Trade, Intra-industry Trade between Similar Economies
Unrestricted Use
CC BY
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By the end of this section, you will be able to:

Identify at least two advantages of intra-industry trading
Explain the relationship between economies of scale and intra-industry trade

Subject:
Applied Science
Material Type:
Module
Provider:
Rice University
Provider Set:
OpenStax College
Date Added:
08/21/2018
OpenStax Principles of Macroeconomics 2e, Welcome to Economics!, What Is Economics, and Why Is It Important?
Unrestricted Use
CC BY
Rating

By the end of this section, you will be able to:

Discuss the importance of studying economics
Explain the relationship between production and division of labor
Evaluate the significance of scarcity

Subject:
Applied Science
Material Type:
Module
Provider:
Rice University
Provider Set:
OpenStax College
Date Added:
08/21/2018