Multiple Choice
In an industry where transportation costs are high and there are limited scale economies,
A) firms will locate close to the market.
B) firms will locate close to their input sources.
C) firms might locate in either area.
D) firms will locate where policy makers decide.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Most trade between Mexico and the United
Q3: Which of the following is FALSE?<br>A)Most of
Q4: Intraindustry trade tends to be more controversial
Q5: Interindustry trade refers to<br>A)international trade in products
Q6: Which of the following is NOT a
Q8: Describe the two sources of economies of
Q9: Which of the following is an example
Q10: If countries have similar factor endowments and
Q11: Interindustry trade is not based on comparative
Q12: Trade can stifle the development of industries