Which of the following tools and concepts is useful in the analysis of international trade?

Which of the following is NOT a method for promoting global economic growth?

A) reliance on private markets to direct capital goods toward their best use B) Count on the world's governments to develop policies that promote economic growth in developing nations. C) Encourage population growth so that developing nations' labor supply increases. D) market based approach

A substantial amount of trade between industrialized countries is intraindustry or intrafirm trade rather than interindustry trade

Indicate whether the statement is true or false