2455EconomicsMedium
Boeing aircraft company was able to over its production costs of the first – jumbo jetll in the seventies because Boeing could market it to several foreign airlines in addition to domestic airlines. This illustrates?
AHow a natural monopoly is forced to behave more competitively with international trade
BA transfer of wealth from domestic consumer to domestic producer as the result of trade
CHow economies of scale make possible a larger variety of products in international trade
DHow a natural monopoly is forced to behave less competitively with international trade
Correct answer
C. How economies of scale make possible a larger variety of products in international trade
Explanation
The correct answer is How economies of scale make possible a larger variety of products in international trade.