If countries have similar factor endowments and productivities, what type of trade are they most likely to have?

What will be an ideal response?

Intraindustry

Economics

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Although based in the United States, IBM is a global company with more than ________ of its revenue earned outside of the United States

A) one-fourth B) one-third C) one-half D) two-thirds

Economics

With ________, firms value assets on their balance sheet at what they would sell for in the market

A) mark-to-market accounting B) book-value accounting C) historical-cost accounting D) off-balance sheet accounting

Economics