International Trade Theory and Policy
by Steven M. Suranovic

CLICK HERE for a Survey of International Economics Online Course.

LEARN about ETHICS in ECONOMICS.

CHAPTER 80
Economies of Scale and International Trade

Table of Contents

80-0
80-1

80-2

80-3

80-4

80-5

Chapter Overview
Economies of Scale and Returns to Scale
Economies of Scale and Perfect Competition
Gains From Trade with Economies of Scale - A Simple Explanation
Some Noteworthy Features of the Simple Economies of Scale Model Monopolistic Competition

80-5A
80-5B

80-5C
80-5D
80-5E

Model Assumptions
The Effects of Trade in a Monopolistically Competitive Industry
The Benefits of Free Trade
The Costs of Free Trade
The Net Welfare Effects of Free Trade

Problem Sets

LEVEL 1: Basic Definitional
LEVEL 2: Basic Intermediate
LEVEL 3: Advanced Intermediate

LEVEL 1
Jeopardy T80-1

Answer Keys

Download Answer Keys

Answer keys to the problem sets are avalable in Adobe Acrobat PDF format for easier viewing and printing.

Related Links