Which of the Following Is an Example of Intraindustry Trade

question 44

Multiple Choice

Which of the following is an example of intraindustry trade?

• A)The United States imports some vehicle models from Canada, while exports other vehicle models to Canada.
• B)Japan buys computers from both the United States and China.
• C)Chinese residents buy computers made in different factories across China.
• D)Mexico exports banana to the United States, while the United States exports corn to Mexico.
• E)Canada and Mexico import wheat from the United States, but not from each other.

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Definitions:

Principle

A fundamental truth or proposition that serves as the foundation for a system of belief or behavior or for a chain of reasoning.

Limitations

Restrictions or cap on the amount of time within which legal action can be initiated or certain rights can be enforced.

Equitable Remedies

Judicial solutions provided by courts in situations where legal remedies or monetary compensation are insufficient to resolve a dispute, ensuring fairness and justice.

Limitations

Limitations refer to the restricted time period within which legal action must be initiated, as dictated by statutes of limitations.