Intraindustry trade is characterized by what two features of the indus
Intraindustry trade is characterized by what two features of the industry and market?
A) Diseconomies of scale and homogeneous products
B) Non-tariff barriers and large-scale foreign investment
C) Quota auctions and low effective rates of protection
D) Economies of scale and differentiated products
E) Government subsidies and industrial policy
ANSWER
D
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