Which trade theory suggests that comparative advantage tends to shift from one nation to another as a product matures?
a. factor-price equalization theory
b. factor-endowment theory
c. product life cycle theory
d. theory of comparative advantage
c. product life cycle theory
You might also like to view...
"Convergence" is a term that describes a world in which the telecommunications, consumer electronics, computer, and entertainment industries are entering each other's markets
Indicate whether the statement is true or false
Sales to customers who use bank credit cards such as MasterCard and Visa are usually recorded by a
A) debit to Bank Credit Card Sales, debit to Credit Card Expense, and a credit to Sales B) debit to Cash and a credit to Sales C) debit to Cash, credit to Credit Card Expense, and a credit to Sales D) debit to Sales, debit to Credit Card Expense, and a credit to Cash
Identify the sentence that is correctly punctuated
A) The chairman said, "Gentlemen may I ask to have the meeting postponed?" B) The chairman said: "Gentlemen may I ask to have the meeting postponed?" C) The chairman said, "Gentlemen, may I ask to have the meeting postponed?"
ABC television network uses billboard, television, magazine, and newspaper advertising to inform viewers about new episodes of a popular television program. Therefore, ABC television network uses__________communication to promote the television program
Fill in the blanks with correct word.