According to the theory of overlapping demands, trade in manufactured goods would be greater among two wealthy countries than among a wealthy country and a poor country.

Question

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The theory of overlapping demands suggests that countries that produce similar products and have similar levels of wealth are more likely to engage in trade of manufactured goods. Therefore, trade in manufactured goods would be greater among two wealthy countries, rather than between a wealthy and a poor country.

According to the Theory of Overlapping Demands, Trade in Manufactured