We Often Observe "Pseudo- Intra- Industry Trade" Between the United

question 23

Multiple Choice

We often observe "pseudo- intra- industry trade" between the United States and Mexico.Actually,such trade is consistent with

• A)oligopolistic markets.
• B)the Ricardian model of trade.
• C)the specific factors model of trade.
• D)optimal tariff issues.
• E)comparative advantage associated with Heckscher- Ohlin model.

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Definitions:

Arrector Pili

Small muscles attached to hair follicles in mammals, contraction of which causes the hair to stand upright, producing goosebumps.

Hair Follicle

The skin organ that produces hair, consisting of a shaft, root, and bulb, and is connected to sebaceous glands.

Sebaceous Gland

Gland of the skin, usually associated with a hair follicle, that produces sebum.

Eccrine Sweat Gland

A type of sweat gland that is found all over the body, particularly on the palms, soles, and forehead, and is primarily involved in temperature regulation.