Which of the Following Theories Identifies the Non-Transferability of Resources

question 12

Multiple Choice

Which of the following theories identifies the non-transferability of resources as a reason for international business?

• A) Theory of comparative advantage
• B) Imperfect markets theory
• C) Product cycle theory
• D) None of the above

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Definitions:

Bronchus

Airway connecting the trachea to a lung.

Alveoli

Small pulmonary vesicles where oxygen and carbon dioxide are exchanged in the respiratory process.

Larynx

The larynx, also known as the voice box, is an organ in the top of the neck involved in breathing, producing sound, and protecting the trachea against food aspiration.

Vocal Cords

Paired bands of muscle tissue in the larynx that vibrate to produce sound for speech.