Multiple Choice
The simultaneous import and export of computers by Germany is an example of:
A) Intra-industry trade
B) Inter-industry trade
C) Perfect competition
D) Imperfect competition
Correct Answer:
Verified
Correct Answer:
Verified
Q9: According to the product life cycle theory,
Q37: Should international transportation costs decrease,the effect on
Q39: The factor endowment theory assumes<br>A) Same tastes
Q45: When industry output increases,a firm would realize
Q46: The simultaneous export and import of automobiles
Q47: When considering the effects of transportation costs,the
Q90: Ricardo's theory of comparative advantage is a
Q99: By widening the size of the domestic
Q126: Owners of resources specific to export industries
Q133: The factor-endowment theory highlights the relative abundance