Traditional Culture Encyclopedia - Traditional customs - The difference between traditional trade jobs and new trade jobs
The difference between traditional trade jobs and new trade jobs
1, new trade jobs explain intra-industry trade, while traditional trade jobs explain inter-industry trade;
2, the assumption of new trade jobs is an imperfectly competitive market, while the premise of the traditional trade jobs is a perfectly competitive market;
3, traditional trade jobs are studied from the supply perspective, the new trade jobs also illustrated from the demand perspective;
4, the new trade jobs emphasize the role of differentiated products in the generation of international trade, the traditional trade jobs assume that all products are homogeneous;
5, the new trade jobs introduce economies of scale, the traditional trade jobs assume that the rewards of scale are unchanged.
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