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The Situation Where a Country Both Exports and Imports Goods

Question 5

Multiple Choice

The situation where a country both exports and imports goods in the same product classification category is known as __________ trade, and such a trade situation for countries in the real world is likely to be __________ associated with country per capita income levels.


A) intra-industry; positively
B) intra-industry; negatively
C) inter-industry; positively
D) inter-industry; negatively

Correct Answer:

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