Identify the major fallacies of international trade. What is meant by international competitiveness? How does this concept apply to a firm, an industry, and a nation? What do researchers have to say...

Identify the major fallacies of international

trade.

What is meant by international competitiveness? How does this concept apply to a firm,

an industry, and a nation?

What do researchers have to say about the

relation between a firm’s productivity and

exposure to global competition?