True/False
New trade theory stresses that in some cases countries specialize in the production of particular products because of underlying differences in factor endowments.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q46: Intel spreads the huge fixed costs of
Q47: Argonia and Selenia specialize in the production
Q48: Those who follow the mercantilist doctrine would
Q49: Garrett works in a country where the
Q50: Garments are exported from China to the
Q52: Sandvor and Milese specialize in the production
Q53: Cadmia and Rhodia specialize in the production
Q54: New trade theory suggests that world trade
Q55: Vernon argues that pioneering firms in the
Q56: According to Vernon, what influences the movement