Multiple Choice
Intraindustry trade refers to
A) international trade in products made within the same industry.
B) international trade in products made across different industries.
C) trade that occurs as a result of comparative advantage.
D) the exchange of dissimilar items.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q10: If countries have similar factor endowments and
Q11: Interindustry trade is not based on comparative
Q12: Trade can stifle the development of industries
Q13: Market failures are less likely to occur
Q14: Carefully explain why there are gains from
Q16: If countries have similar factors of production
Q17: Which of the following is NOT a
Q18: An internal economy means that _,while an
Q19: Which of the following is true about
Q20: Which of the following is NOT a