Economy, asked by krajji87, 3 months ago

how does the new trade theory help us to understand why the United States is dominant in the world market for commercial aircraft exports?

Answers

Answered by nehaliganvit3
1

Explanation:

New trade theory (NTT) suggests that a critical factor in determining international patterns of trade are the very substantial economies of scale and network effects that can occur in key industries. ... In some industries, two countries may have no discernible differences in opportunity cost at a particular point in time.

Answered by ygoraya3
1

Explanation:

how does the new trade theory help us to understand why the United States is dominant in the world market for commercial aircraft exports

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