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When a nation's products are first introduced into global markets, that country has a competitive advantage that is not easily overcome in the short-term. This
When a nation's products are first introduced into global markets, that country has a competitive advantage that is not easily overcome in the short-term. This expresses the basis of the _____________________________ofinternational trade.
Product Life Cycle Theory | ||
Gravity Theory | ||
Comparative Advantage Theory | ||
New Trade Theory |
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