Of the following,which one is NOT an indicator of why trade is considered to be mutually beneficial to those involved in it?
A) It allows for specialisation.
B) It allows for production of products at higher prices.
C) It affords realisation of scale economies.
D) It affords production of a larger variety of products.
Correct Answer:
Verified
Q18: According to the textbook,most economists prefer the
Q19: The Heckscher-Ohlin theory emphasises the interplay between
Q20: Cost advantages associated with large-scale production are
Q21: British economist John Dunning,who became known for
Q22: New trade theory is at variance with
Q24: The manufacture of standard electronic components is
Q25: New trade theory points out that through
Q26: A firm that starts international operations within
Q27: The theories of _laim that promoting free
Q28: The economic and strategic advantages that accrue
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents