True/False
Interindustry trade is not based on comparative advantage since it consists of the export and import of similar countries and mostly between countries that have similar productivity,technology,and factor endowments.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q4: Intraindustry trade is characterized by what two
Q7: Which of the following is NOT a
Q8: Which of the following is FALSE about
Q10: If social returns to the production of
Q35: If the United States and Mexico trade
Q40: A substantial amount of trade between industrialized
Q47: Comparative advantage has mixed results when it
Q53: Intraindustry trade is characterized by what two
Q66: If countries have similar factor endowments and
Q68: Comparative advantage cannot account for a significant