International trade based solely on internal scale economies in both countries is likely to be carried out by
A) a relatively small number of imperfect competitors.
B) a large number of oligopolists in each country.
C) monopolists in each country.
D) a relatively small number of price competing firms.
E) a relatively large number of price competing firms.
Correct Answer:
Verified
Q24: Intra-industry trade is most common in the
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