The Linder theory of trade suggests that Multiple Choice a country with a per capita income of $15,000 is likely to have more intense trade with a country that has a per capita income of $16,000 than with a country that has a per capita income of $25,000. the most intense trade of low-income, developing countries will be with high-income, developed countries. countries will confine themselves to inter-industry trade. the exports of primary products of a country will mainly flow to other countries with per capita income levels similar to that of the exporting country. Explain.

Answer rating: 100% (QA)

The Linder Theory of trade developed by economist Staffan Burenstam Linder in 1961 suggests that cou... View the full answer