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Which of the Following Is NOT an Example of Intraindustry

question 26

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Which of the following is NOT an example of intraindustry trade?


Definitions:

Automatic Weaving Machine

A mechanical device that automates the process of weaving textiles, reducing manual labor and increasing production efficiency.

Finance Company

A business that provides loans to individuals or companies, typically specializing in areas such as consumer finance, leasing, and commercial lending.

Agreement

A mutual understanding or arrangement between parties delineating their rights and responsibilities.

Salesperson

An individual who sells goods or services, often employed by a company to represent its products to potential buyers.

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