Swedish economist Steffan Linder's theory proposed that:
A) consumers in countries that are in the same or similar stage of development would have similar preferences.
B) a nation's competitiveness in an industry depends on the capacity of the industry to innovate and upgrade.
C) countries would produce and export goods that required resources that were in great supply.
D) firms must develop competitive advantages to counter global competition in their industries.
Correct Answer:
Verified
Q21: _ occurs when a country cannot produce
Q22: Few governments still actively limit and control
Q24: Governments want to be able to control
Q25: The _ theory suggests that companies first
Q26: Trade surplus refers to:
A)the ability of a
Q28: The strategy to promote exports by imposing
Q32: _ has become an optimal location for
Q34: The _ states that a country's wealth
Q39: Purchasing goods and services or deciding to
Q40: Trade deficit refers to:
A)a situation where the
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