Question 3

Which of the fllowing is something about intra industry trade that we dicussed in our lecture?

A?An overwhelming majority (> 80%) of modern trade is intra-industry

B?industries which need higher amounts of capital, tech, skilled labour are those with higher intra-industry trade because these are likely industries with high fixed costs andthus strongerinternal economies of scale

C?Intra-industry trade can only be explained by complete specialization in goods,post-trade

D?models of comparative advantage can account for intra-industry trade better than models of economies of scale

uestion 3 (1 point) Which of the following is something about intra-industry trade that we discussed our lecture? An overwhelming majority (>80%) of modern trade is intra-industry industries which need higher amounts of capital, tech, skilled labour are those with higher intra-industry trade because these are likely industries with high fixed costs and thus stronger internal economies of scale Intra-industry trade can only be explained by complete specialization in goods, post-trade models of comparative advantage can account for intra-industry trade better than models of economies of scale