When a Country Both Exports and Imports a Type of Commodity,the

question 40

Multiple Choice

When a country both exports and imports a type of commodity,the country is engaged in

• A) intra-industry trade.
• B) increasing returns to scale.
• C) imperfect competition.
• D) inter-industry trade.
• E) an attempt to monopolize the relevant industry.

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Definitions:

Surface Anatomy

The study of the external features of the body and their relationship to deeper structures, used in medical training to locate organs and make diagnoses.

Enzymes

Cellular molecules that considerably quicken the tempo of almost every chemical interaction taking place within cells.

Digestion

The breakdown of food into smaller components that can be absorbed and assimilated into the body.

Physiologist

A scientist who studies the functions and mechanisms of living organisms and their parts.