Effect On the Monopoly Industries in China After Entering WTO——On the Amount,Scale and Price of Monopoly-competitive Industries
If the monopolistic competition industry with internal economies character has high import tariff on foreign products,then the industry may produce at the point which is not the profit-maximizing output,but the industry has many enterprises,small scale and high product price.If the import tariff is lower than that before entering WTO after entering it,then the number of enterprises will not be determined but the scale of the enterprise is larger and the product price will be lower.