Question

Analyze the relationship between imperfect competition and international trade

Analyze the relationship between imperfect competition and international trade

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Answer #1

The relationship between international trade and imperfect competition are -

  • With the help of trade incorporating the imperfecr competition , we can clearly understand the high volume of intra industry trade between the two companies which have imperfect completion and importance of increasing multinational companies in international trade.
  • Secondly the relationship between international trade and imperfect competition will help us to predict the emergence of cross country gap of technology
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