When a Country Both Exports and Imports a Type of Commodity,the

question 40

Multiple Choice

When a country both exports and imports a type of commodity,the country is engaged in

• A) intra-industry trade.
• B) increasing returns to scale.
• C) imperfect competition.
• D) inter-industry trade.
• E) an attempt to monopolize the relevant industry.

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Naturally Occurring

An event, substance, or situation that exists or happens without human intervention.

Problem-solving Process

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