The product life cycle model says that comparative advantage in manufactured goods may move from one country to another as a product becomes more standardized.
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Q26: If output more than doubles when all
Q27: MacDougall's test provides evidence that exports are
Q28: One of the leading alternative theories to
Q29: One of the reasons why we have
Q30: Leontief showed that U.S.exports were capital intensive
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Q33: The Leontief paradox can be summarized as
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Q36: The simultaneous export and import of airplanes
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