Which of the following is not an example of intra-industry trade?
A) England exports beef to Ireland, and imports Irish potatoes
B) the Dutch export elm trees and import lumber products
C) Canadians touring the US side of Niagara Falls stay in US motels while Americans touring the Canadian side stay in Canadian hotels
D) Russia exports oil and imports capital equipment
E) Norwegians deposit funds in Swiss banks while the Swiss buy insurance from Norway
Correct Answer:
Verified
Q3: The next questions refer to the following.
Suppose
Q4: On average,over the last 50 years or
Q5: If a country exports $1 billion worth
Q6: According to the Hotelling Rule,the price of
Q7: The idea that efficient producers can benefit
Q9: Applied to trade in two goods between
Q10: The largest exporter of goods and services
Q11: As a general rule,
A) large economies tend
Q12: The next questions refer to the following.
Suppose
Q13: Which of the following does not help
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