Multiple Choice
Trade due to expanded markets differs from trade due to comparative advantage in that
A) the gains from trade due to expanded markets do not rely on differences in efficiencies.
B) the gains from trade due to comparative advantage do not rely on efficiencies.
C) trade due to expanded markets tends to be interindustry trade.
D) trade due to comparative advantage tends to be intraindustry trade.
E) trade due to expanded markets relies on factor abundance.
Correct Answer:

Verified
Correct Answer:
Verified
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