📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    âš¡ Month End Offer - Flat 52% Off On All Courses! Enroll Now âš¡
    00:00:00 AM Left

    Question

    According to Linder's Overlapping Demand Theory, what

    factor is crucial for international trade between similar countries?
    A Countries with identical technology levels are more likely to trade with each other. Correct Answer Incorrect Answer
    B countries with similar levels of economic development are more likely to trade with each other due to overlapping consumer demands. Correct Answer Incorrect Answer
    C Countries with significantly different economic structures are more likely to trade with each other. Correct Answer Incorrect Answer
    D Countries with different currency systems are more likely to trade with each other. Correct Answer Incorrect Answer

    Solution

    The correct answer is B

    Practice Next
    ask-question