Interindustry trade is not based on comparative advantage since it consists of the export and import of similar countries and mostly between countries that have similar productivity,technology,and factor endowments.
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Q6: Internal economies of scale means that
A)firms are
Q8: Which of the following does NOT indicate
Q9: Intraindustry trade refers to
A)international trade of products
Q11: If countries have similar factors of production
Q13: Intraindustry trade is characterized by what two
Q14: Economies of scale are an important determinant
Q15: One reason that a large share of
Q16: Which of the following is FALSE about
Q25: A substantial amount of trade between industrialized
Q35: Intraindustry trade tends to be more controversial
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