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Economies of scale are important determinants of trade patterns because they form a separate basis for trade that is in
Posted: Wed Jul 06, 2022 6:32 pm
by answerhappygod
- Economies Of Scale Are Important Determinants Of Trade Patterns Because They Form A Separate Basis For Trade That Is In 1 (44.25 KiB) Viewed 62 times
Economies of scale are important determinants of trade patterns because they form a separate basis for trade that is in addition to comparative advantage-based trade. Explain the meaning and the importance of economies of scale for promoting trade and helping countries obtain comparative advantage. Now, in case of Bahrain, explain what the opportunities and challenges are facing the country in promoting trade via economies of scale.