Country X, a poor country, invents a revolutionary electronic product. The country markets this new product in other poor countries to garner large profits. This occurrence is against the idea of _____.
A. product life-cycle theory.
B. Ricardo's theory.
C. theory of absolute advantage.
D. theory of comparative advantage.

Question

Today at 8:01 AM
Social Studies

Answered

Country X, a poor country, invents a revolutionary electronic product. The country markets this new product in other poor countries to garner large profits. This occurrence is against the idea of _____.
A. product life-cycle theory.
B. Ricardo's theory.
C. theory of absolute advantage.
D. theory of comparative advantage.

Answer :

Other Questions

company with a large fleet of cars hopes to keep gasoline costs down and sets a goal of attaining a fleet average of at least 26 miles per gallon. To see if the

A process is producing a particular part where the thickness of the part is following a normal distribution with a µ = 50 mm and σ = 5 mm. If a random sample of

Which of the following is not true regarding the use of labor variance information? a.The actual wage rate is almost always different from the standard rate. b.

Suppose a company that makes fitness watches samples 15 watches. They know the probability one of their watches fails, within 1 year of purchase, is 0.12. The c

0+3. Write the characterstics of cells ?

What did the Sarpanch decide in the second meeting?

4x/5+3=2x+7 find the value of x

SETL& write the correct alternative to completefollowing Sentence :1+5 = 5* Swoon got late be cause he...①Located on Sundany (n) had a headache(es) argued with

एक्सप्लेन द फीमेल रीप्रोडक्टिव ऑर्गन विद डायग्राम

The population of the world in 1987 was 5 billion and the annual growth rate was estimated at 2 percent per year. Assuming that the world population follows an

Which of the following is true of tape? Group of answer choices It is no longer used as a primary method of storage but is used most often for long-term storage

When bonds are issued at a discount, what happens to the carrying value and interest expense over the life of the bonds? Multiple Choice Carrying value and inte

A student obtains a 10.0g sample of a white powder labeled as BaCl2. After completely dissolving the powder in 50.0mL of distilled water, the student adds exces

When perfect competition prevails, which characteristic of firms are we likely to observe? They are all price takers. They all try to operate where price equals

The fish population of a lake is decreasing each year. A study is conducted. But, unfortunately some data was lost. The researcher found in her notes that in ye

The December 31, 2016 balance sheet of the Rakmer Company had Accounts Receivable of $650,000 and a credit balance in Allowance for Doubtful Accounts of $33,000

Which of the following statements is the best example of a hypothesis? Group of answer choices "All men are created equal." "A penny saved is a penny earned." "

"Rachael attends a job interview for the post of an associate sociology lecturer. The interviewer notices that she has a "scorpion" tattoo on her left upper arm

A gas cylinder contains 2.0 mol of gas X and 6.0 mol of gas Y at a total pressure of 2.1 atm. What is the partial pressure of gas Y? Use StartFraction P subscri

mandhlelaz mandhlelaz · Answer 1 · 2025-03-24T08:06:12-04:00

Answer:A. product life-cycle theory.

Explanation:

The theory suggests that during early stage of the product everything must be operated in it area of origin where it was initially invented.

When the progress of how the product is doing has been established it can then be further marketed abroad.

The product life cycle has four stages from when it is introduced to when it grows (it's growth stage) , maturity and production price decline.

This product life cycle is used to determine whether advertising should be enhanced , expansion to new areas will be productive , or redesigning may be necessary.

According to this theory this means you can't introduce a new product in a world markets or abroad before you have seen its progress through these stages which will determine its success. For example you have to see that the products has high demand and it is reaching its maturity ; the business has to establish that the products is constantly demanded and the price of its production is steadily decreasing which means it has a high possibility to stay long in the market and at this point the business can then decide to expand it to the world markets.