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.

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Definitions:

Coercive Power

Power that depends on the threat of possible punishment.

Legitimate Power

A form of power that comes from a formal management position in an organization and the authority granted to it.

Coordinating Stage

A phase in team or group development where members organize their efforts and work efficiently towards common goals, typically following initial stages of team formation.

Group Development

The process through which a group goes through stages of forming, storming, norming, performing, and adjourning to become more cohesive and effective.