The simultaneous import and export of computers by Germany is an example of:
A) Intra-industry trade
B) Inter-industry trade
C) Perfect competition
D) Imperfect competition

Question

Quizplus · Accepted Answer

The simultaneous import and export of computers by Germany suggests that the country is engaged in intra-industry trade, which refers to the exchange of similar goods or services among different countries. This trade pattern typically occurs in industries that have a high degree of product differentiation and allows countries to specialize in producing certain varieties of goods while importing others.

The Simultaneous Import and Export of Computers by Germany Is