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Question
Vernon argues that early in the life cycle of a typical new product, while demand is starting to grow rapidly in the United States, demand in other advanced countries:
A. remains limited to high income groups.
B. necessitates production of that product in those countries.
C. necessitates outsourcing of production to low-cost locations.
D. raises the cost of production in the United States.
E. eventually causes a shift in the position of the United States from that of an exporter to an importer.
Answer
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Related questions
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In recent years, the outsourcing decision in international businesses has gone beyond the manufacture of physical products to embrace the production of service activities.
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Q:
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B. paying the draft amount immediately.
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Q:
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Q:
A lack of trust between two parties engaged in international trade is exacerbated by the:
A. saturation of the domestic market.
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C. narrowing distance between the two parties due to technological advances.
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Q:
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Q:
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Q:
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B. The Small Business Administration
C. The Federal Trade Commission
D. The Bureau of Competition
E. The Bank of New York