QUESTION 1 Which of the following is or an interindustry trade 0 A. Exporting soybeans and importing textiles. O B. exporting computers and importing cars. O C. exporting and importing computers. 0 D. (b) & (c). QUESTION 2 Country A invented cars and Country B invested heavily in cars after the product matured. According to the product cycle model 0 A. Country B will initially have the comparative advantage in cars. 0 B. CountryAwill initially have the comparative advantage in cars. 0 C. Country B will have the comparative advantage in cars after this product reaches maturity and standardization. O D. (b) and (c). QUESTION 3 Which of the following is or are offered as explanation of the Leontief paradox O A. A tariff structure that favors capital-intensive goods. O B. Differences in labor productivity. 0 C. Differences in consumer preferences 0 D. All of the above