
The product life cycle theory of comparative advantage predicts that a new product will be first produced and exported by the
A) country that first demanded the new product.
B) first firm to successfully copy the technology.
C) country in which it was invented.
D) countries with the most stable economies and fewest restrictions on foreign trade.
E) company with the most extensive network of international distributors for the product.
Correct Answer:
Verified
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