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Explain difference of inter-industry and intraindustry trade

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Reference no: EM13871008

1. Can you think of any patterns of comparative advantage and trade in the world economy that might have some significant environmental impacts? What are they?

a. In your own words, please explain the difference between inter-industry and intra-industry trade.

b. How is the phenomenon of horizontal intra-industry trade related to product diversification?

Reference no: EM13871008

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