Intraindustry trade can lead to lower prices and job creation in both the exporting and the importing nation.

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Intraindustry trade refers to the exchange of similar goods or services within the same industry between two countries. It can lead to lower prices and job creation as it promotes specialization and economies of scale. Both exporting and importing nations can benefit from intraindustry trade.

Intraindustry Trade Can Lead to Lower Prices and Job Creation