Which is an example for inter-industry (within-industry) reallocation? O The car industry expands, while the textile industry contracts. O More productive textile producers expand and less productive textile producers contract. O Each country specializes in its competitive advantage industry. O Firms move down their learning curves.
Which is an example for inter-industry (within-industry) reallocation? O The car industry expands, while the textile industry contracts. O More productive textile producers expand and less productive textile producers contract. O Each country specializes in its competitive advantage industry. O Firms move down their learning curves.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
![Which is an example for inter-industry
(within-industry) reallocation?
O The car industry expands, while the textile
industry contracts.
O More productive textile producers expand
and less productive textile producers
contract.
O Each country specializes in its competitive
advantage industry.
O Firms move down their learning curves.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8523914a-2c1e-4b96-a942-f144f7ed8abe%2Ff14a822b-95db-43a4-8b8e-df2681737cb8%2Fg7adp6p_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Which is an example for inter-industry
(within-industry) reallocation?
O The car industry expands, while the textile
industry contracts.
O More productive textile producers expand
and less productive textile producers
contract.
O Each country specializes in its competitive
advantage industry.
O Firms move down their learning curves.
![Which of the following is likely to affect
the decision of whether to produce in a
foreign country or at home in Dunning's
eclectic paradigm?
O Low taxes in the destination market.
O High productivity of the home-country
firm.
String patent protection.
O Easier information sharing within the
corporate group.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8523914a-2c1e-4b96-a942-f144f7ed8abe%2Ff14a822b-95db-43a4-8b8e-df2681737cb8%2Fcylxjnb_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Which of the following is likely to affect
the decision of whether to produce in a
foreign country or at home in Dunning's
eclectic paradigm?
O Low taxes in the destination market.
O High productivity of the home-country
firm.
String patent protection.
O Easier information sharing within the
corporate group.
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