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 6:33 pm
Economies of scale are important determinants of trade patternsbecause they form a separate basis for trade that is in addition tocomparative advantage-based trade. Explain the meaning and theimportance of economies of scale for promoting trade and helpingcountries obtain comparative advantage. Now, in case of Bahrain,explain what the opportunities and challenges are facing thecountry in promoting trade via economies of scale.