Multiple Choice
Which of the following findings would NOT be consistent with the product cycle theory?
A) a finding that developing countries export "older" manufactured products
B) a finding that the United States exports "new" products
C) a finding that U.S. export industries are heavily engaged in research and development (R&D) activities
D) a finding that the United States exports goods catering mainly to "low income" tastesRather than "high income" tastes
Correct Answer:
Verified
Correct Answer:
Verified
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