If Countries Have Similar Factors of Production and Similar Productivities,most

question 16

True/False

If countries have similar factors of production and similar productivities,most of their trade is likely to be intraindustry.

---

Definitions:

Preemptive Rights

A shareholder's right to buy new shares in a company before they are offered to the public, in order to maintain their proportional ownership.

New Issue

Financial securities (like stocks or bonds) that are publicly sold for the first time.

Shareholders

Individuals or entities that own shares in a corporation, giving them ownership interest and certain rights in the company.

Subrogation

The legal right for an insurer to pursue a third party that caused an insurance loss to the insured.