Which of the following is true of intra-industry trade?
A) Intra-industry trade is mostly based on the differences stressed in the Heckscher-Ohlin trade theory.
B) Intra-industry trade is usually discouraged by the government.
C) Intra-industry trade is said to occur when the United States exports Ford automobiles and imports Honda automobiles.
D) Intra-industry trade is said to occur when the United States exports Ford automobiles and imports petroleum.
Correct Answer:
Verified
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Q16: _ is a market structure in which
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Q18: The table given below shows the
Q19: The table given below shows the
Q21: If a firm located in a country
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Q23: If international trade is based on product
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A)firms
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