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Vernon Theorizes That as the Market in the U

Question 91

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Vernon theorizes that as the market in the U.S.and other advanced nations matures:


A) it necessitates exports from the United States to those countries.
B) it becomes worthwhile for foreign producers to begin producing for their home markets.
C) it obviates the need to look for low-cost production sites in other countries.
D) the product becomes more standardized, and price becomes the main competitive weapon.
E) the resource used in the production begin to become scarce.

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