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Which of the Following Can Help Explain the Rise of Intra-Industry

Question 15

Multiple Choice

Which of the following can help explain the rise of intra-industry trade?


A) Recent recessions and increase in the price of oil have led to lower national income levels.
B) The demand for product variety has increased substantially over time.
C) Countries widely vary in terms of their resource endowments.
D) The developed nations have recently implemented more conservative fiscal policies.

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