Two Countries Engaged in Trade in Products with No Scale

question 38

Multiple Choice

Two countries engaged in trade in products with no scale economies,produced under conditions of perfect competition,are likely to be engaged in

• A)Heckscher- Ohlin trade.
• B)intra- industry trade.
• C)monopolistic competition.
• D)oligopolistic competition
• E)inter- industry trade.

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Definitions:

Obsessions

Recurrent and persistent thoughts, urges, or images that are experienced as intrusive and unwanted, causing significant anxiety or distress.

Compulsions

Compulsions are repetitive behaviors or mental acts that a person feels driven to perform in response to an obsession, or according to rules that must be applied rigidly, aimed at preventing or reducing distress or a dreaded event or situation.

Acute Stress Disorder

A mental health condition characterized by the development of severe anxiety, dissociation, and other symptoms that occur within a month after exposure to a traumatic event.

Posttraumatic Stress Disorder

A mental health condition triggered by experiencing or witnessing a severely traumatic event, characterized by flashbacks, nightmares, and severe anxiety.