Solved

Vernon Theorizes That as the Market in the United States

Question 62

Multiple Choice

Vernon theorizes that as the market in the United States and other advanced nations matures


A) it necessitates exports from the United States to those countries.
B) it is no longer worthwhile for foreign producers to produce 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 resources used in production begin to become scarce.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents