MCQOPTIONS
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| 1. |
Product Cycle Model in international trade theory (Vernon, 1966)? |
| A. | Is an extension of technological gap model |
| B. | Is an extension of Heckscher-Ohlin model |
| C. | Explains dynamic comparative advantage of new products and new processes of production |
| D. | None of these |
| Answer» E. | |