Which of the Following Is FALSE About Intraindustry Trade

question 8

Multiple Choice

Which of the following is FALSE about intraindustry trade?

• A)Economies of scale allow firms to enjoy lower average costs.
• B)It creates gains from trade.
• C)It is due to comparative advantage.
• D)It may involve heightened competition and lower prices for consumers.
• E)It increases consumer choice.

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Definitions:

Printed-circuit

An electronic circuit in which conductive paths are printed onto a non-conductive substrate, used in the fabrication of electronic devices.

Laminated

Something made of thin sheets stacked together.

Copper

A chemical element with high electrical conductivity, widely used in electrical wiring and electronics.

Differential Compound

When the series and shunt field are connected in such a manner as to oppose each other in the production of magnetism.