While Vernon's Theory Is Useful for Explaining the Pattern of International

question 77

True/False

While Vernon's theory is useful for explaining the pattern of international trade in the modern world,its relevance during the period of American global dominance seemed more limited.

---

Definitions:

Socioeconomic Class

A division of society based on social and economic status, often influencing an individual's opportunities and life experiences.

Alcoholism

Alcoholism is a chronic disease characterized by uncontrolled drinking and a preoccupation with alcohol.

Cross-tolerance

A phenomenon where tolerance to the effects of a certain drug produces tolerance to another drug, usually because both drugs are similar in their effects or mechanisms of action.

Polysubstance Disorder

A condition characterized by the misuse of multiple substances or drugs, either simultaneously or at different times.