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    Exam 6: Increasing Returns to Scale and Monopolistic Competition
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    To Analyze Intra­industry Trade, We Must Bring in Imperfect
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To Analyze Intra­industry Trade, We Must Bring in Imperfect

Question 36

Question 36

Multiple Choice

To analyze intra­industry trade, we must bring in imperfect
Competition, and we change our assumptions about our trade
Models to allow:


A) price­conscious consumers.
B) short­run unemployment.
C) differentiated products.
D) perfect competition.

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