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Which of the Following Is an Argument Offered by the New

Question 20

Multiple Choice

Which of the following is an argument offered by the new trade theory?


A) It is in line with the factor proportions theory.
B) There are gains to be made from specialization and increasing economies of scale.
C) The companies first to market forgo the opportunities to create barriers to entry.
D) Market forces alone play a role in assisting the home companies in a country.

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