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Author Question: According to the Law of Supply and Demand, lower-priced goods sourced globally increase_______ a. ... (Read 54 times)

dmcintosh

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on: Sep 11, 2018
According to the Law of Supply and Demand, lower-priced goods sourced globally increase_______
 
  a. The price of imported goods
  b. Domestic demands
  c. Domestic supply
  d. Welfare loss from trade

Question 2

Which of the following theories most appropriately explains the fact that companies are relocating their apparel manufacturing facilities from South Korea to El Salvador, from El Salvador to Vietnam?
 
  a. The Law of Supply and Demand
  b. Industry Lifecycle Theory
  c. Socio-cognitive theory
  d. Fragmentation theory


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leahm14

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Reply #1 on: Sep 11, 2018
Answer to Question 1

b

Answer to Question 2

b


dmcintosh

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Reply 2 on: Sep 11, 2018
Excellent

adf223

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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