Question

Firms in industrial countries find a larger market for their goods in other industrial countries than in developing countries because: a. the industrial countries tend to have a higher population than the developing countries. b. the consumption patterns in the industrial countries are highly heterogeneous. c. the consumption patterns in the industrial countries are more or less uniform. d. the trade policies of the industrial nations are more favorable than the developing countries. e. the industrial countries are capital intensive countries.

Answer 1

The correct answer for the question that is being presented above is this one: "a. the industrial countries tend to have a higher population than the developing countries." Firms in industrial countries find a larger market for their goods in other industrial countries than in developing countries because the industrial countries tend to have a higher population than the developing countries