The simultaneous export and import of widgets by the United ...

[james]

The simultaneous export and import of widgets by the United States is an example of
 
  A) intra-industry trade.
  B) increasing returns to scale.
  C) imperfect competition.
  D) inter-industry trade.
  E) the effect of a monopoly on international trade.

Question 2

The opportunity cost of producing in low-income, developing countries rises over the product cycle, according to theory.
 
  Indicate whether the statement is true or false

[nguyenhoanhat]

Answer to Question 1

A

Answer to Question 2

FALSE

[james]

Excellent

[bbburns21]

Gracias!