Intra-Industry Trade Would Occur If Computers Manufactured in the United

question 62

True/False

Intra-industry trade would occur if computers manufactured in the United States by IBM are exported to Japan while the United States imports computers manufactured by Hitachi of Japan.

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Definitions:

Grape

A fruit, typically grown in clusters, used for eating fresh or in making wine.

Apple

A technology company known for its innovation in consumer electronics, software, and services, as well as a fruit that is edible, round, and typically red or green.

Exemplars

Instances or examples that are typical of a category or concept, used in cognitive processes to classify or identify specific items.

Formal Concepts

Abstract ideas or categories defined by a set of rules or characteristics that objects or individuals must possess to be included in the category.