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Operations of production are moved to a less-developed nation and the cycle is complete as highly-developed nations become importers of this product. A.Factor Proportions Theory
Operations of production are moved to a less-developed nation and the cycle is complete as highly-developed nations become importers of this product. A.Factor Proportions Theory B.New Trade Theory C.International Product Life Cycle Theory D.Absolute Advantage Theory E.Comparative Advantage Theory
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