Multiple Choice
The product life-cycle theory predicts that
A) over time the United States switches from an exporting country of new products to an importing country.
B) over time the United States switches from a comparative advantage in R&D to a service economy.
C) over time the United States education system maintains the country's dominant position in the world economy.
D) none of the options
Correct Answer:
Verified
Correct Answer:
Verified
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