Associated with a smoother adjustment process

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Reference no: EM13735398

Intra-industry trade may be associated with a smoother adjustment process than inter-industry trade because

firms engaged in intra-industry trade use less labor.

firms engaged in intra-industry trade use more labor.

labor can move more easily between firms in the same industry than between firms in different industries.

none of the above.

Reference no: EM13735398

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