The intra-industry trade index in television trade for Denmark is 0.92. What conclusion can we draw from this? Group of answer choices - Denmark has a slight comparative advantage in television production because that activity is skill and capital intensive. - Denmark has a strong absolute advantage in TV production thanks to its skilled workers. Televisions are highly differentiated and knowledge intensive products, where mainly increasing returns drives trade. - Denmark outsources important parts of its TV value chain. Firms move down their learning curves.
The intra-industry trade index in television trade for Denmark is 0.92. What conclusion can we draw from this? Group of answer choices
- Denmark has a slight
- Denmark has a strong
- Denmark outsources important parts of its TV value chain. Firms move down their learning
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I made a mistake when submitting, the answer options are this instead:
- Denmark has a slight
- Denmark has a strong
-Televisions are highly differentiated and knowledge intensive products, where mainly increasing returns drives trade.
- Denmark outsources important parts of its TV value chain. Firms move down their learning
Does the original answer still stand? Thank you
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