One reason that a large share of the trade between high-income industrial economies is intra-industry trade is because A) Intra-industry it is more advantageous than inter-industry trade B) high-income industrial economies compete with each other with the same good. C) high-income industrial economies have very different factor endowments in absolute terms. D) it allows firms to take advantage of economies of scale.

One reason that a large share of the trade between high-income industrial economies is intra-industry trade is because A) Intra-industry it is more advantageous than inter-industry trade B) high-income industrial economies compete with each other with the same good. C) high-income industrial economies have very different factor endowments in absolute terms. D) it allows firms to take advantage of economies of scale.

EBK HEALTH ECONOMICS AND POLICY

7th Edition

ISBN:9781337668279

Author:Henderson

Publisher:Henderson

Chapter2: Using Economics To Study Health Issues

Section: Chapter Questions

Problem 4QAP

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