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Why would country A which makes consumer products X and within the same sector, engage in intra-industry international t
Posted: Wed Mar 09, 2022 8:27 am
by answerhappygod
- Why Would Country A Which Makes Consumer Products X And Within The Same Sector Engage In Intra Industry International T 1 (9.22 KiB) Viewed 32 times
Why would country A which makes consumer products X and within the same sector, engage in intra-industry international trade by importing X and exporting Y? a. Its consumers would benefit from importing X which has a lower world price than A's autarky price b. its producers would benefit from higher world price of Y c. Product differentiation gives consumers more choice d. All of the above