Which of the Following Theories Identifies Specialization as a Reason

question 31

Multiple Choice

Which of the following theories identifies specialization as a reason for international business?

• A) theory of comparative advantage
• B) imperfect markets theory
• C) product cycle theory
• D) None of these are correct.

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Definitions:

Paralyzed

The state of being unable to move or function in one or more parts of the body, usually as a result of illness or injury to the nervous system.

Move Eyes

The action of changing the direction of gaze by shifting the position of the eyeballs within the ocular orbit.

Induced Motion

The perception of movement in a stationary object due to the movement of the surrounding frame of reference.

Stationary Train

A train that is not moving or is designed to remain in one place.