Identify the Theory That Supports the View That, in Some

question 4

Multiple Choice

Identify the theory that supports the view that, in some cases, countries export for the reason that the world market can support only a limited number of firms.

• A) Heckscher-Ohlin theory
• B) Smith's theory
• C) Ricardo's theory
• D) new trade theory

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Definitions:

BCG Matrix

A strategic business tool that classifies business units or products into four categories (Question Marks, Stars, Cash Cows, Dogs) based on market growth and market share.

Dogs

Domesticated carnivorous mammals that typically have a long snout, an acute sense of smell, non-retractable claws, and a barking, howling, or whining voice.

Market Share

The portion of a market controlled by a particular company or product, often represented as a percentage of total sales in that market.

SWOT Analysis

A strategic planning tool used to identify and assess an organization's Strengths, Weaknesses, Opportunities, and Threats in relation to competition and market dynamics.