Factors of account since the Second World War
For rapid growth of world trade what are the factors of account since the Second World War?
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The rapid growth in world trade has been facilitated by a reduction in trade barriers, by increasing prosperity of nations around the world, and by improved communication and transportation that have made trade easier among the world’s major industrial powers.
Question: Suppose three identical firms are engaged in Cournot competition in quantities. They all have marginal costs equal to 40. Market demand is given by: Q : What are the determinants of demand What are the determinants of demand?
What are the determinants of demand?
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