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Markets and Multiunit Firms from an American Historical Perspective

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NBER2001-04-01 更新2025-01-04 收录
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The expansion of markets and industrialization greatly increased the benefits of specialization in the U.S. economy. However, since the benefits of specialization can only be realized through trade, specialization significantly increases the volume of market transactions in the economy. The analysis

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2001-04-01
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