Need economics help with a Comparative advantage and internal economies of scales

Evaluate the merits of the following statement: “Trade based on comparative advantage involves benefits in a two-country world where the countries in question are dissimilar, while trade based on internal economies of scale is mutually beneficial when trading partners are similar.” Why does trade based on external economies of scale deliver ambiguous effects? Explain your answer. 

"Looking for a Similar Assignment? Order now and Get 10% Discount! Use Code "GET10" in your order"

If this is not the paper you were searching for, you can order your 100% plagiarism free, professional written paper now!

Order Now Just Browsing

All of our assignments are originally produced, unique, and free of plagiarism.

Free Revisions Plagiarism Free 24x7 Support