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According to the Resource-Based View,there Are Economic Gains from International

question 8

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According to the resource-based view,there are economic gains from international trade because some firms in one nation generate exports that are valuable,unique,and hard to imitate that firms from other nations find it beneficial to import.


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Relationship

A connection, association, or involvement between two or more parties.

Sociological Term

A sociological term is a word or phrase used to describe concepts, theories, or phenomena that pertain to the study of society, its structures, functions, and dynamics.

Social Position

The rank or status that an individual holds within the social hierarchy, often determined by wealth, occupation, education, and other social factors.

Status Cues

Visual or verbal signals that indicate a person's social standing, wealth, or rank within a society.

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