Two Countries Engaged in Trade in Products with No Scale

question 30

Multiple Choice

Two countries engaged in trade in products with no scale economies,produced under conditions of perfect competition,are likely to be engaged in

• A) inter-industry trade.
• B) monopolistic competition.
• C) intra-industry trade.
• D) Heckscher-Ohlin trade.
• E) oligopolistic competition

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Definitions:

Wireless Networks

Communication networks that utilize radio waves or infrared signals to connect devices and transfer data without physical connections.

Unsecure Networks

Networks that lack adequate security measures, exposing them to the risk of unauthorized access or attack.

UWB

Ultra-Wideband, a radio technology that can use a very small energy level for short-range, high-bandwidth communications over a large portion of the radio spectrum.

High-bandwidth

Refers to a transmission capacity of a communication channel that is capable of handling a high rate of data transfer, typically measured in bits per second (bps).