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Which trade theory emphasizes the role of economies of scale and product differentiation in international trade?
- a)Theory of Absolute Advantage
- b)Theory of Comparative Advantage
- c)New Trade Theory
- d)Heckscher-Ohlin Theory
Correct answer is option 'C'. Can you explain this answer?
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Which trade theory emphasizes the role of economies of scale and produ...
The New Trade Theory suggests that international trade can be influenced by economies of scale, which lead to lower production costs and increased specialization. Additionally, it emphasizes the importance of product differentiation in trade, where unique products can lead to a competitive advantage in international markets.
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Which trade theory emphasizes the role of economies of scale and product differentiation in international trade?a)Theory of Absolute Advantageb)Theory of Comparative Advantagec)New Trade Theoryd)Heckscher-Ohlin TheoryCorrect answer is option 'C'. Can you explain this answer?
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Which trade theory emphasizes the role of economies of scale and product differentiation in international trade?a)Theory of Absolute Advantageb)Theory of Comparative Advantagec)New Trade Theoryd)Heckscher-Ohlin TheoryCorrect answer is option 'C'. Can you explain this answer? for SSC MTS / SSC GD 2025 is part of SSC MTS / SSC GD preparation. The Question and answers have been prepared according to the SSC MTS / SSC GD exam syllabus. Information about Which trade theory emphasizes the role of economies of scale and product differentiation in international trade?a)Theory of Absolute Advantageb)Theory of Comparative Advantagec)New Trade Theoryd)Heckscher-Ohlin TheoryCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for SSC MTS / SSC GD 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which trade theory emphasizes the role of economies of scale and product differentiation in international trade?a)Theory of Absolute Advantageb)Theory of Comparative Advantagec)New Trade Theoryd)Heckscher-Ohlin TheoryCorrect answer is option 'C'. Can you explain this answer?.
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