We know that industrial countries tend to trade with other industrial countries. This pattern counters the:

a. preference theory of comparative advantage.
b. factor abundance theory of comparative advantage.
c. concept of intraindustry trade.
d. product life cycle theory of comparative advantage.
e. human skills theory of comparative advantage.


b

Economics

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Which of the following is not a form of social insurance?

a. Social Security b. Temporary Assistance for Needy Families c. Medicare d. unemployment insurance e. workers' compensation

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a. The American Civics Exchange b. Tradesports c. The Iowa Electronic Markets d. The Gallup and Roper surveys

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In practice, monopolistically competitive markets are:

A. very rare. B. virtually nonexistent. C. the only type of market that truly exists. D. very common.

Economics