External economies of scale and internal economies of scale

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Reference no: EM133128698

Concept check

  1. Terms of trade gains 
  2. Increasing return to scale
  3. What is the difference between external economies of scale and internal economies of scale?
  4. Comparative advantage
  5. Absolute advantage
  6. Learning curve
  7. Infant industry protection

Reference no: EM133128698

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