Which of the Following Is an Argument Offered by the New

question 20

Multiple Choice

Which of the following is an argument offered by the new trade theory?

• A) It is in line with the factor proportions theory.
• B) There are gains to be made from specialization and increasing economies of scale.
• C) The companies first to market forgo the opportunities to create barriers to entry.
• D) Market forces alone play a role in assisting the home companies in a country.

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Definitions:

Intensity

The magnitude or strength of a phenomenon or a quality, often used in contexts ranging from physics to emotional experiences.

Cochlea

A spiral-shaped, fluid-filled inner ear structure crucial for converting sound waves into electrical signals that can be interpreted by the brain as sound.

Tectorial Membrane

A structure located within the cochlea of the inner ear, playing a crucial role in the process of hearing by interacting with hair cells.

Basilar Membrane

A membrane in the cochlea of the inner ear that supports the Organ of Corti, crucial for converting sound vibrations into neural signals.