The Product Trade Cycle, Which Is an Extension of the Product

question 55

Multiple Choice

The product trade cycle, which is an extension of the product life cycle, relates to:

• A) the emergence of the global village.
• B) the WTO agreement that enables nations to trade goods and services.
• C) the shift of product manufacture to lower-cost sources of production.
• D) the increasing use of the internet for trading purposes.
• E) none of the above.

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