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| Kwok Tong Soo |
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| ''The gains from external scale economies and comparative advantage'' |
| ( 2014, Vol. 34 No.1 ) |
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| This note develops a model of inter-personal trade which combines comparative advantage and external scale economies. It is shown that the gains from external scale economies outweigh those from comparative advantage as the population size increases. |
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| Keywords: External scale economies, comparative advantage, gains from trade |
JEL: F1 - Trade: General
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| Manuscript Received : Oct 31 2013 | | Manuscript Accepted : Jan 20 2014 |
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