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    International Economics Study Set 1
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    Exam 3: Sources of Comparative Advantage
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    According to the Product Life Cycle Model,comparative Advantage Shifts from Cheap-Labor
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According to the Product Life Cycle Model,comparative Advantage Shifts from Cheap-Labor

Question 138

Question 138

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According to the product life cycle model,comparative advantage shifts from cheap-labor countries to high-technology countries after a manufactured good becomes standardized.

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