Which of the following is one of the implications of the new trade theory? (A) Countries as a whole must gain from trade (B) A country can only use government policies to promote exports (C) Consumers can get benefit from the increased variety of goods that trade makes available (D) A country may export a good or import it, but not both

CUET-PG 2021 Question 80: Theories of international trade

Which of the following is one of the implications of the new trade theory?

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Theories of international trade has come up 151 times in 6 exams since 2006.

This question is on New trade theory and intra-industry trade, part of Theories of international trade in International Economics.

Trade between similar countries in similar goods, explained by scale and variety.

TestStop has 9 past-paper questions on this subtopic.

Which of the following is one of the implications of the new trade theory?

Tap an option to check your answer.

Checking your account…

Theories of international trade has come up 151 times in 6 exams since 2006.

This question is on New trade theory and intra-industry trade, part of Theories of international trade in International Economics.

Trade between similar countries in similar goods, explained by scale and variety.

TestStop has 9 past-paper questions on this subtopic.