Tothova, Monika; Oehmke, James F. - In: Journal of Agricultural & Food Industrial Organization 2 (2004) 2
of gains from trade encourages countries to modify their standards to facilitate trade with other countries having … similar standards. Whether or not a country engages in trade depends on the magnitude and nature of the gains from trade …--e.g. economies of scale, greater variety for consumers, etc.--and the degree of standard modification required for trade. If the …