menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    International Economics Study Set 12
  4. Exam
    Exam 3: Sources of Comparative Advantage
  5. Question
    In Explaining International Trade, the Product Life-Cycle Theory Focuses on
Solved

In Explaining International Trade, the Product Life-Cycle Theory Focuses on

Question 49

Question 49

Multiple Choice

In explaining international trade, the product life-cycle theory focuses on


A) local resources.
B) the role of technological innovation.
C) per-capita income levels of nations.
D) the availability of unskilled labor.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q44: Which concept explains why countries specialize in

Q45: The product life cycle theory predicts that

Q46: Intra-industry trade can be explained by product

Q47: When transportation costs are added to our

Q48: Empirical studies conclude that U.S.environmental policies are

Q50: The Heckscher-Ohlin theory suggests that land-abundant nations

Q51: According to the product life cycle theory,

Q52: The Leontief paradox<br>A) supported the factor-endowment theory.<br>B)

Q53: A product will be traded only if

Q54: According to the factor-endowment theory, international specialization

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines