Which of the Following Theories Began to Emerge When Economists

question 80

Multiple Choice

Which of the following theories began to emerge when economists pointed out that the ability of firms to attain economies of scale might have important implications for international trade?

• A)Comparative advantage
• B)Heckscher-Ohlin
• C)New trade
• D)Product life-cycle
• E)Absolute advantage

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Definitions:

Seasonal Merchandise

Products that are popular, selling, or in demand during specific seasons or periods of the year.

Compromise Short-Term

A strategy or decision aimed at resolving or addressing a current issue or challenge with a solution that may not fully extend to or resolve long-term concerns.

Marketable Securities

Financial instruments that can be quickly converted into cash at fair market value.

Financial Policy

A set of guidelines or principles set by a company that govern its decisions regarding financial management, investments, and financing strategies.