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Author Question: The simultaneous export and import of widgets by the United States is an example of A) ... (Read 72 times)

james

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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



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nguyenhoanhat

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Answer to Question 1

A

Answer to Question 2

FALSE




james

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


dreamfighter72

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Reply 3 on: Yesterday
Excellent

 

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