Which of the following theories states that in those industries where the output required to attain economies of scale represents a significant proportion of total world demand, the global market may be able to support only a small number of enterprises?
A) Heckscher-Ohlin
B) comparative advantage
C) product life-cycle
D) new trade
E) absolute advantage
Correct Answer:
Verified
Q92: Economies of scale are achieved as the
Q93: The new trade theory diverts from its
Q94: What might result in the absence of
Q95: New trade theory dictates that trade offers
Q96: One of the suggestions of new trade
Q98: What is an advantage that is realized
Q99: Airbus pioneered the development of the new
Q100: One of the most controversial aspects of
Q101: Porter noted a lack of attention to
Q102: Describe the concept of comparative advantage and
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents