Answer to Question #47641 in Other Economics for Brenan
Draw a two-country, two product trade model in which production in both industries is subject to increasing returns to scale. That is, draw diagrams for two countries in which the possibilities-possibilities frontier reflects increasing returns to scale. Then make additional assumptions (clearly stated) and show how trade between the two countries affects well-being in both countries. Does trade under increasing returns to scale still make both countries better off, as the constant-returns-to-scale H-O model shows? Answer this question using both your diagram and an accompanying verbal explanation.
I just wanted to say thank you guys so much for helping me get through my statistics class. Any area in math has never been my strong field and thanks to you guys I was still able to pass my course.
thanks to you and all the people on your team that helped in me passing my course. :-)