2009•Acta Universitatis Nicolai Copernici, EkonomiaRequires access
The reasons of development intra-industry trade in modern theory of international trade
Justyna Łapińska
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Abstract
The aim of this study is to show the reasons of development of intra-industry trade. Intra-industry trade is defined as the simultaneous export and import of commodities of the same industry group. The paper concentrate on modern theory of international trade. Modern trade theory places significant weight on economies of scale and product differentiation in explaining the structure of foreign trade.