About this document
Internal vs External Economies of Scale by Shiouqian Chong is a document available to read on EtoBox.
The document discusses examples of internal and external economies of scale and whether they apply to specific industries or companies. It evaluates the view that increasing returns can cause conflicts between countries. Key points made include: - Internal economies of scale occur within a single firm, external across an industry - Trade allows countries to specialize in industries where they have increasing returns, improving costs and innovation - Clustering and proximity facilitate knowledge spillovers
- Author
- Shiouqian Chong
- Language
- EN