Which theory traces the roles of innovation, market expansion, comparative advantage, and strategic responses of global rivals in international production, trade, and investment decisions?

Which theory traces the roles of innovation, market expansion, comparative advantage, and strategic responses of global rivals in international production, trade, and investment decisions?




A. Absolute advantage
B. Country similarity
C. Relative factor endowments
D. Comparative advantage
E. Product life-cycle theory


Learn More :