https://padlet.com/rmouelhi1/q8stjh991a0hlju8 seminar activity group 2 en-us 2022-02-12 17:54:04 UTC 2022-02-17 16:52:27 UTC hello@padlet.com jliu159 https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053559022 transportation costless]]> 2022-02-17 16:17:35 UTC https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053559022 https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053561683 Since new trade theory seeks increasing returns, the policies to follow are liberalization policies such as low tariffs and taxes because they allow a decrease in trade barriers. ]]> 2022-02-17 16:18:41 UTC https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053561683 tp21617 https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053563235 NTT: Trade is between similarly developed countries with similar products

]]> 2022-02-17 16:19:25 UTC https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053563235 jliu159 https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053569368 the new trade theory think that the economies scale is increase by degrees]]> 2022-02-17 16:21:57 UTC https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053569368 https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053569733 Fair and reciprocal policies.]]> 2022-02-17 16:22:07 UTC https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053569733 jliu159 https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053571293 perfect competition vs imperfect competition]]> 2022-02-17 16:22:52 UTC https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053571293 https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053573834 Adopt subsidiary policies]]> 2022-02-17 16:23:54 UTC https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053573834 https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053574477 NTT means that poorer, developing economies may struggle to ever develop certain industries because they lag too far behind the economies of scale enjoyed in the developed world. This is not due to any intrinsic comparative advantage, but more the economies of scale the developed firms already have.]]> 2022-02-17 16:24:11 UTC https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053574477 https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053582205 NTT is based on monopoly competition.]]> 2022-02-17 16:27:30 UTC https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053582205 https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053597767 If developing countries are focusing on trade, they are not focusing on themselves (i.e. infrastructure). These countries might need to implement protectionist policies, but under NTT, they can't. ]]> 2022-02-17 16:34:26 UTC https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053597767 https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053601270 Yes it will lead to conflicts. Because are the EoS happens, that cost of producing products will decrease for that firm, would be make the other firms in the same industry redundant. Hence conflict can occur.

]]> 2022-02-17 16:36:08 UTC https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053601270 https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053601676 For NTT, economies of scale is achieved whilst, in neoclassical they focus on specialising

]]> 2022-02-17 16:36:20 UTC https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053601676 https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053602992 NTT gives special attention to geography]]> 2022-02-17 16:36:54 UTC https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053602992 https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053603546 Latin America focus on producing fruits/vegetables to trade. 

]]> 2022-02-17 16:37:10 UTC https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053603546 https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053612685 Nevertheless, some countries such as Taiwan, Hong Kong, and South Korea have managed to develop and catch up.]]> 2022-02-17 16:41:14 UTC https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053612685 https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053616602 There is a large competition in the market, so to stand in that market the government should provide the necessary advantages like proper resources and technology that help them to grow and develop in the market.

]]> 2022-02-17 16:42:56 UTC https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053616602 https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053625633 NTT takes the trade and investment of heterogeneous enterprises and companies as the research focus rather than industry as the research category.]]> 2022-02-17 16:47:02 UTC https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053625633 https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053626473 2022-02-17 16:47:26 UTC https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053626473 https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053628528 Look at history. Economies of scale have led to migration issues, colonization, food deserts. ]]> 2022-02-17 16:48:21 UTC https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053628528 tp21617 https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053628856 Yes, leads to colonisation - East India company, British company exploited India ]]> 2022-02-17 16:48:30 UTC https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053628856 https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053632204 Also, with economies being focused in certain areas, there are bound to places that are "losers" who will hurt. Less GDP per capita, lower access to education, higher inequality. ]]> 2022-02-17 16:50:08 UTC https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053632204 https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053632508 At a theoretical level this could lead to conflict because economies of scale imply dissimilar relations between economies and therefore, uneven development]]> 2022-02-17 16:50:16 UTC https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053632508 https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053636996 If the policies adopted are not proper then that could lead lo uneven development of the country implementing it. ]]> 2022-02-17 16:52:27 UTC https://padlet.com/rmouelhi1/q8stjh991a0hlju8/wish/2053636996