If Some Industries Exhibit Increasing Returns to Scale in Each

question 17

Multiple Choice

If some industries exhibit increasing returns to scale in each country,we should not expect to see

• A)intraindustry trade between countries.
• B)perfect competition in these industries.
• C)interindustry trade between countries.
• D)Either B or C.

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Definitions:

Secondary Ecological Succession

The process through which established communities are replaced by new ones in an area where a disturbance has destroyed the previous ecosystem but left the soil intact, fostering new growth cycles.

Second-growth Forest

A forest that has re-grown after a major disturbance, such as logging or fire, and differs from the original vegetation in species composition.

Storehouse

A room or building where goods, commodities, or provisions are stored.

Forested Land

Areas of land predominantly covered by forests, which serve as habitats for diverse species and play a critical role in carbon sequestration.