Multiple Choice
According to the product life-cycle theory,pioneering firms shift production to _____ countries when product standardization and market saturation give rise to price competition and cost pressures.
A) other advanced countries
B) industrialized
C) developing
D) free market
Correct Answer:

Verified
Correct Answer:
Verified
Q63: Products with low value-to-weight ratios are the
Q64: An industry composed of a limited number
Q65: According to the text,which of the following
Q67: The U.S. ,the U.K. ,France,Germany,the Netherlands,and Japan
Q69: Which of the following sets form three
Q70: The interdependence between firms in an oligopoly
Q71: Which theory helps explain how location factors
Q73: In its extreme version,the radical view advances
Q94: By limiting imports through quotas, governments reduce
Q120: What is meant by the term foreign