The most contentious implication of new trade theory is that it generates an argument for government and strategic trade policy.
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Q1: Diminishing returns imply that when a firm
Q2: Capitalism was considered to be the first
Q4: Raymond Vernon proposed the product life cycle
Q5: The theories of international trade claim that
Q6: If a national market is large,there should
Q7: A situation in which a gain by
Q8: Porter suggested that the four attributes making
Q9: A study by Wassily Leontief (1953),having raised
Q10: The 'stage' theories suggest that firms initiating
Q11: The product life-cycle theory suggests that trade
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