Author Question: The product life cycle theory predicts that comparative advantage shifts away from the country of ... (Read 66 times)

cdr_15

  • Hero Member
  • *****
  • Posts: 546
The product life cycle theory predicts that comparative advantage shifts away from the country of origin if:
 a. the product is introduced in many countries simultaneously.
  b. the product is highly demanded in international markets.
  c. the demand for the product drastically declines in the domestic market of the country where it was invented.
  d. other countries have lower manufacturing costs using the now-standardized technology.
  e. other countries develop highly skilled labor forces to improve product quality.

Question 2

Public goods, like national defense, are usually funded through government because:
 a. no one cares about them, because they are public.
 b. it is prohibitively difficult to withhold national defense from someone unwilling to pay for it.
  c. they cost too much for private firms to produce them.
 d. they provide benefits only to individuals, and not firms.



Hdosisshsbshs

  • Sr. Member
  • ****
  • Posts: 315
Answer to Question 1

d

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

For a complete list of videos, visit our video library