Intra-industry trade in the world economy is not growing.

Name: Intra-industry trade in the world economy is not growing.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Intra-industry trade, which involves the exchange of similar products belonging to the same industry, has been growing due to globalization, technological advancements, and the integration of world economies, leading to an increase in the specialization and exchange of similar goods and services between countries.

Intra-Industry Trade in the World Economy Is Not Growing