Which of the Following Findings Would NOT Be Consistent with the Product

question 19

Multiple Choice

Which of the following findings would NOT be consistent with the product cycle theory?

• A) a finding that developing countries export "older" manufactured products
• B) a finding that the United States exports "new" products
• C) a finding that U.S. export industries are heavily engaged in research and development (R&D) activities
• D) a finding that the United States exports goods catering mainly to "low income" tastesRather than "high income" tastes

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Definitions:

New England Textile Factories

Industrial sites that were central to the American Industrial Revolution, primarily located in the New England region, where textiles were produced in large quantities.

Autonomy

The right or condition of self-government, especially in a particular sphere.

Breaks

Periods of time allocated during work or other activities for rest or recreation.

Market Revolution

The Market Revolution was a period of radical changes in the United States economy in the 19th century, characterized by the expansion of markets, innovations in transportation and communication, and shifts in labor practices.