Which of the Following Is NOT a Likely Result of Intraindustry

question 20

Multiple Choice

Which of the following is NOT a likely result of intraindustry trade based on internal economies of scale?

• A)Job creation at domestic firms entering international trade
• B)Lower prices for the domestic consumers of the product now being traded
• C)Increased sales and lower per unit costs for the firm doing the exporting
• D)Higher prices for the exported product

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Definitions:

Holland's Personality Types

A theory of personality that categorizes individuals into six types - Realistic, Investigative, Artistic, Social, Enterprising, and Conventional - based on their interests and approach to life situations.

Artistic

Relating to, characteristic of, or skilled in the arts, including both the creation and appreciation of visual, auditory, or performance artifacts.

Realistic

Realistic pertains to an inclination towards accepting situations as they are and being prepared to deal with them accordingly, often in a practical and pragmatic manner.

Cohabiting Opposite-Sex Couple

A living arrangement in which an unmarried male and female partner live together in a long-term relationship that resembles a marriage.