题目内容
Owners of resources specific to export industries tend to lose from international trade, while owners of factors specific to import-competing industries tend to gain.
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The factor-price-equalization theory is a short-run version of the specific-factors theory.
With economies of scale, specialization in a few products allows a manufacturer to benefit from longer production runs which lead to decreasing average cost.
With decreasing costs, a country has an incentive to partially specialize in the product of its comparative advantage.
By widening the size of the domestic market, international trade permits companies to take advantage of longer production runs and increasing efficiencies such as mass production.
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