Standard trade theory is based on perfect competition

Research
Paper

Length of paper is minimum 3500 – 4000 words…with at least 5 cited references…

Intra-Industry International Trade: and Imperfect Market Structure

Standard trade theory is based on
perfect competition, with constant returns to scale at the level of the
individual firm and constant or increasing cost of expanding production at the
level of the industry. Comparative advantage predicts that countries will
trade with other countries that are different (the source of the comparative cost
differences) and that each country will export some products and import other,
quite different products. While much international trade conforms to these
patterns, a substantial amount does not. Most obviously, industrialized
countries trade a lot with each other, and in much of their trade each is
exporting and importing similar products.

Develop a detail paper analyzing
Intra-Industry International Trade. Your paper should be APA format and
structured as follows

Cover page with a running head
Introduction

·
Economies of scale
·
Monopolistic competition and the
Gravity Model of Trade
·
Global oligopoly (Strategic Trade
Policy)
·
Agglomeration Economies (External
Economies of Scale)
·
Case Study
·
Conclusions
·
References

Grading Rubric

Criterion

Unsatisfactory

Satisfactory

Exceptional

Monopolistic competition and the
Gravity Model of Trade

Did not fully develop an analysis
of monopolistic competition and the Gravity Model of Trade

Fully developed an analysis of
monopolistic competition and the Gravity Model of Trade

Supplemented the analysis of
monopolistic competition and the Gravity Model of Trade with a real-world
example

Global oligopoly (Strategic Trade
Policy)

Did not fully develop an analysis
of global oligopoly

Fully developed an analysis of
global oligopoly

Supplemented the analysis of
global oligopoly with a real-world example

Agglomeration Economies (External
Economies of Scale)

Did not fully developed an
analysis of external economies of scale

Fully developed an analysis of
external economies of scale

Supplemented the analysis of
external economies of scale with a real-world example

Demonstrate Critical
Thought in Analyzing Information

Stating the facts:
Does not demonstrate critical thought in the analysis of the information, or
analysis is disjointed

Adding Value:
Demonstrates critical thought in analyzing the information by presenting
various perspectives on the concepts

In addition to meeting
requirements of satisfactory, synthesizes information across concepts
effectively

Demonstrate Quality
and Effectiveness in Written Communication

Written communication
is ineffective, with numerous spelling and grammatical errors or poorly
constructed sentences

Written communication
is effective

In addition to meeting
the requirements of satisfactory, the paper is engaging to the reader
with concise and clear communication

Adhere to APA
Writing Style Requirements

Numerous errors in
format, style, or reference citation

Few errors in format,
style, or reference citation

Virtually no errors in
format, style, or reference citation

Citation

Did not provide an appropriate
citation.

Provided an appropriate citation

N/A