If the fixed costs are relatively large, a relatively good approximation to the correct transfer price is

The income distribution is a more accurate measure of economic inequality than the wealth distribution because income excludes human capital

Indicate whether the statement is true or false

Historically those few developing countries which have succeeded in significantly raising their per-capita income levels

A) did not accomplish this with import-substituting industrialization. B) did accomplish this with import-substituting industrialization. C) tended to provide heavy protection to domestic industrial sectors. D) favored industrial to agricultural or service sectors. E) did so to the detriment of their nearest neighbors.