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The New Trade Theory Is at Variance with Which Theory

Question 70

Multiple Choice

The new trade theory is at variance with which theory, which suggests that a country will predominate in the export of a product when it is particularly well endowed with those factors used intensively in its manufacture?


A) Heckscher-Ohlin
B) product life-cycle
C) comparative advantage
D) absolute advantage
E) national competitive advantage

Correct Answer:

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