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Intra-industry trade theory: a. explains why the United States might export autos and import clothing b. ignores seasonal considerations for agricultural goods c. assumes that
Intra-industry trade theory:
a. explains why the United States might export autos and import clothing
b. ignores seasonal considerations for agricultural goods
c. assumes that transport costs are very low or do not exist
d. explains why the United States might export and import differentiated versions of the same product, such as different types of autos
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