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If Trade in a Particular Good Interindustry,the Expansion of an Industry

Question 1

Multiple Choice

If trade in a particular good interindustry,the expansion of an industry in one country is likely to lead to the ________ of that industry in the other country.If trade in that good is intraindustry,expansion of the industry in one country is likely to lead to the ________ in the other country.


A) decline, decline
B) decline, expansion
C) expansion, decline
D) expansion, expansion

Correct Answer:

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