This video seeks to make the point that if international trade is beneficial when a domestic industry is competitive, it's even more so when that domestic industry is a monopoly. International free trade can force a monopolist to produce as if it is a competitive industry. This is especially important for smaller countries, which are likely to have more monopolies. - See more at: http://mruniversity.com/courses/international-trade/international-trade-disciplines-monopolies?utm_source=facebook&utm_medium=link&utm_campaign=mrufbpage#sthash.4t07m0WQ.dpuf
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