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Questions › UGC-NET › UGC-NET 2024 › Q27
2 marksInternational Economics › Theories of international trade › New trade theory and intra-industry tradeModerateabout 1 min

UGC-NET 2024 Question 27: Theories of international trade

Which of the following trade models exhibits the features of economies of scale and monopolistic competition?

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Answer and worked solution

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Theories of international trade has come up 151 times in 6 exams since 2006.

What this question tests

This question is on New trade theory and intra-industry trade, part of Theories of international trade in International Economics.

Trade between similar countries in similar goods, explained by scale and variety.

TestStop has 9 past-paper questions on this subtopic.

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