The new trade theorists argue that the United States leads in exports of commercial jet aircraft not because it is better endowed with the factors of production required to manufacture aircraft,but because:
A) U.S. built commercial jet aircraft have the best safety record
B) the U.S. commercial jet aircraft industry has a lower wage rate than foreign competitors
C) the World Trade Organization has given preferential treatment to the U.S. commercial jet aircraft industry
D) one of the first movers in the industry was DeHavilland
E) one of the first movers was Boeing
Correct Answer:
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