Which of the following BEST describes intra-industry trade?

Which of the following BEST describes intra-industry trade?




A. The export of raw materials for assembly to be sold in a third country
B. The innovating firm and its domestic and foreign rivals
C. Trade between two countries of goods produced by the same industry
D. The exchange of goods by one industry in a country for goods produced by a different industry in a different country
E. The outsourcing of parts then assembly in the originating country




Answer: C


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