Multiple Choice
According to the resource-based view,which of the following is the reason for economic gains from international trade?
A) Some firms in a nation generate exports that are hard to imitate.
B) Some firms in a nation generate exports that are not valuable or unique.
C) Firms importing products have a balance of trade.
D) Firms exporting more products have a trade surplus.
Correct Answer:
Verified
Correct Answer:
Verified
Q38: _ is defined as the relative advantage
Q40: In the context of the product life
Q41: The value of exported items to the
Q42: The _ theory is also known as
Q44: Trade embargoes are politically motivated trade sanctions
Q45: Calls for protection are only limited to
Q46: Identify the strengths and influences of the
Q47: Which of the following statements is true
Q48: Which of the following statements is true
Q66: Discuss the political arguments against free trade.