题目内容
Recent studies of U.S resource endowments indicate that the United States is most abundant in unskilled labor, followed by semi-skilled labor and skilled labor.
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Intra-industry trade would occur if computers manufactured in the United States by IBM are exported to Japan while the United States imports computers manufactured by Hitachi of Japan.
Because seasons in the Southren Hemisphere are opposite those in the Northern Heminphere, one would expect intra-industry trade to occur in agricultual products.
Intra-industry trade can be explained by product differentiation, economies of scale, seasons of the year, and transportation costs.
According to the theory of intra-industry trade, many manufactured goods undergo a trade cycle in which the home country initially is an exporter and eventually becomes an importer of a product.
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