Which of the Following Is Not an Example of Intra-Industry

question 23

Multiple Choice

Which of the following is not an example of intra-industry trade?

• A) England exports beef to Ireland, and imports Irish potatoes
• B) the Dutch export elm trees and import lumber products
• C) Canadians touring the US side of Niagara Falls stay in US motels while Americans touring the Canadian side stay in Canadian hotels
• D) Russia exports oil and imports capital equipment
• E) Norwegians deposit funds in Swiss banks while the Swiss buy insurance from Norway

Learn about the calculation and importance of a budgeted production in units.

Understand the characteristics and purpose of a capital expenditures budget.

Gain knowledge on calculating direct labor cost budget and its importance.

Learn how to prepare a flexible selling expense budget.