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Economics Mcqs
Q
Intra-industry trade theory ?
AA. Explains why the united states might export autos and import clothing
BB. Explains why the united states might export and import differentiated versions of the same product such as different types of autos
CC. Assumes that transport costs are very low or do not exist
DD. Ignores seasonal considerations for agricultural goods
Correct Answer:
B. B. Explains why the united states might export and import differentiated versions of the same product such as different types of autos
