One Reason That a Large Share of the Trade Between

Multiple Choice

One reason that a large share of the trade between high-income industrial economies is intraindustry trade is because

A) it is more advantageous than interindustry trade.
B) high-income industrial economies produce in the first stage of the product cycle.
C) high-income industrial economies have dissimilar resource endowments in absolute terms.
D) it allows firms to take advantage of internal economies of scale.