Intra-industry trade refers to
A) international trade in differentiated products.
B) the exchange of information between firms in the same industry.
C) the exchange of information between firms in different industries.
D) barter between competing firms.

Question

Quizplus · Accepted Answer

Intra-industry trade occurs when countries simultaneously import and export similar products or goods within the same industry. This often involves international trade in differentiated products, where countries trade goods that are similar in nature but differentiated in some aspects, such as quality, style, or brand.

Intra-Industry Trade Refers to