Intraindustry Trade Is Characterized by What Two Features of the Industry

question 4

Multiple Choice

Intraindustry trade is characterized by what two features of the industry and market?

• A)Diseconomies of scale and homogeneous products
• B)Non-tariff barriers and large-scale foreign investment
• C)Quota auctions and low effective rates of protection
• D)Economies of scale and differentiated products
• E)Government subsidies and industrial policy

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Definitions:

Primitive Side

Primitive Side refers to the basic or instinctual part of human nature, often associated with innate drives, behaviors, or reactions that derive from our ancestral or evolutionary past.

Personality

Personality is the combination of thoughts, emotion patterns, and behaviors uniquely exhibited by an individual, distinguishing one person from another.

Source Traits

The more basic traits that underlie the surface traits, forming the core of personality.

Raymond Cattell

A British and American psychologist known for his psychometric research into intrapersonal psychological structure and the influential 16 personality factors model.