menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Principles Applications
  4. Exam
    Exam 18: International Trade and Public Policy
  5. Question
    Which of the Following Explains Why the World Market May
Solved

Which of the Following Explains Why the World Market May

Question 76

Question 76

Multiple Choice

Which of the following explains why the world market may support only one or two firms worldwide?


A) large economies of scale
B) comparative advantage
C) learning by doing
D) constant returns to scale

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q71: Which of the following trade agreements provides

Q72: Suppose Canada produces only two goods,corn and

Q73: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5233/.jpg" alt=" Figure 18.4

Q74: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5233/.jpg" alt=" Figure 18.3

Q75: If we eliminated our textile tariffs,the dislocated

Q77: A limit on the amount of a

Q78: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5233/.jpg" alt=" Figure 18.3

Q79: National policy always overrides free trade in

Q80: The United States has a lot of

Q81: An import ban results in<br>A) a decrease

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines