Question 8 Not yet answered Marked out of 10.00 'F Flag question Question 9 Not yet answered Marked out of 10.00 '7 Flag question Question 10 Not yet answered Marked out of 10.00 F Flag question Intra-industry trade between two countries implies Select one: /'\\ i n a. that these two countries do not trade with each other. A b. that they trade different varieties ofthe same goods. A c. that they exchange different goods. d. that they only trade intermediate goods. 5 C) i: ' I e. none ofthe above. The different waves of globalization have been mainly driven by: A . x a. Technological developments that facilitated the movement of people, goods and services. A b. People's desire to move to new countries. A i 1 c. The development of new goods and services. /_\\ x , x d. Political competition. The Ricardian theory of comparative advantage assumes only two nations and two products, that labor can move freely within a nation, and that perfect competition exists in all markets. Select one: A True A False