Factor Proportions Theory States That

question 22

Multiple Choice

Factor proportions theory states that:

• A)firms must develop competitive advantages to counter global competition in their industries.
• B)production of the new product will occur completely in the home country of its innovation.
• C)most trade in manufactured goods will be between countries with similar per capita incomes.
• D)countries would produce and export goods that required resources that were in great supply.
• E)a nation's competitiveness in an industry depends on the capacity of the industry to innovate and upgrade.

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Definitions:

Biological Species Concept

A definition of species as groups of interbreeding natural populations that are reproductively isolated from other such groups, emphasizing the role of sexual reproduction in maintaining species integrity.

Geographical Barriers

Natural formations or features that isolate ecosystems or populations, influencing the distribution and evolution of species.

Reproductive Behaviors

Actions or sequences of actions performed by animals or plants that directly relate to the production of offspring.

Arctic Tundra

A cold, treeless biome located in the Arctic regions, characterized by permafrost, short growing seasons, and low biodiversity.