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According to Product Life Cycle Theory, Which of the Following

Question 1

Multiple Choice

According to product life cycle theory, which of the following explains a situation when a country will eventually import the product which is initially developed and exported by the country itself?


A) That product is cheaper producing in other countries
B) Other country creates more advance technology to produce that particular product
C) That country does not has strict regulations on property right
D) That product is no longer needed in the country that initially created it.

Correct Answer:

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