International Trade Policies
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The rationale for strategic trade policy in industrialised countries is based upon two kinds of market failure. One of these is the inability of firms in high-technology industries to capture or appropriate the externality benefits of contributions to knowledge that spill-over to other firms. The other is the presence of monopoly profits in highly concentrated.
Details
- Publication Date
- Mar 8, 2013
- Language
- English
- Category
- Education & Language
- Copyright
- All Rights Reserved - Standard Copyright License
- Contributors
- By (author): Homework Help Classof1
Specifications
- Format