Horizontal product differentiation is the situation where the prices and quality of competing products are similar.
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Q70: Entrepot trade occurs when a good is
Q71: Intra-industry trade never occurs in homogeneous products.
Q72: Intra-industry trade in homogeneous goods could occur
Q73: Intra-industry trade occurs mostly in differentiated products.
Q74: Intra-industry trade occurs only in vertically differentiated
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Q78: Vertical product differentiation only occurs in homogeneous
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Q80: A critical distinction between imperfect competition and
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