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Economics
MEDIUM
ENGLISH
Economics
Intra-industry trade theory ?
A
Explains why the United States might export autos and import clothing
Option A
Explains why the United States might export and import differentiated versions of the same product such as different types of autos
Correct answer
C
Assumes that transport costs are very low or do not exist
Option C
D
ignores seasonal considerations for agricultural goods
Option D
Correct answer: B
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