Skip to content
We use only essential cookies to keep you signed in and remember your preferences. See our Cookie Policy.
TestStop
MocksPracticeResourcesIndiaBlogPricing
Sign in
Questions › UoH › UoH 2014 › Q75
1 mark, −0.33International Economics › Theories of international trade › New trade theory and intra-industry tradeModerateabout 1 min

UoH 2014 Question 75: Theories of international trade

Countries trade with each other because they are _______ and because of ______.

Tap an option to check your answer.

Answer and worked solution

Checking your account…

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

What this question tests

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.

Practise Theories of international tradeMore on New trade theory and intra-industry trade

Similar questions from other papers

  • CUET-PG 2026 · Q27The Heckscher-Ohlin theory states that the trade arises due to difference in
  • UGC-NET 2026 · Q22The Comparative Cost Advantage theory of International Trade is propound by:
  • CUET-PG 2025 · Q30Which of the following is not the correct assumption of Heckscher-Ohlin theory of international trade?
  • UGC-NET 2025 · Q41Match List-I with List-II. | List-I | List-II | A. Neo-Chamberlinian Model | I. Horizontal differentiation of products | B. Neo-Hotelling Model | II. Vertical…
  • UGC-NET 2025 · Q27The Stolper-Samuelson theorem postulates that:

Question from the UoH 2014 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.