Concentration of industries can lead to external economies for all of the following reasons EXCEPT
A) concentrated industries will not be competitive.
B) concentrated industries will attract a network of input suppliers.
C) concentrated industries will attract a deep pool of skilled labor.
D) concentrated industries will experience knowledge spillovers.
Correct Answer:
Verified
Q18: Interindustry trade refers to
A)international trade in products
Q19: Which of the following is FALSE about
Q20: Interindustry trade is not based on comparative
Q21: If the United States and Mexico trade
Q22: If countries have similar factor endowments and
Q24: Describe the two sources of economies of
Q25: A substantial amount of trade between industrialized
Q26: Which of the following is NOT a
Q27: Most foreign investment is today is directed
Q28: Which of the following is FALSE?
A)Economies of
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