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Which trade theory explains why countries are trade partners when they are trading similar goods and services? Multiple choice question. Mercantilism New trade Fair trade

Which trade theory explains why countries are trade partners when they are trading similar goods and services? Multiple choice question. Mercantilism New trade Fair trade Free tradeWhich two of these attributes did Porter believe are MOST significant for competitive advantage? Multiple select question. Demographics Factor endowments Demand conditions Purchasing power parity

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