Underlying most of the trade theories discussed is the notion that: Group of answer choices firms that establish a first-mover a

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Underlying most of the trade theories discussed is the notion that: Group of answer choices firms that establish a first-mover a

dvantage with regard to the production of a particular new product will dominate global trade in that product. despite a pivotal role in international trade, businesses are typically unable to influence government trade policy. it usually makes sense for a firm to consolidate its productive activities in one country. different countries have particular advantages in different productive activities.

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1 answer:

Varvara68 [4.7K] · Answer 1 · 2022-08-22T00:48:27+03:00

Answer:

It usually makes sense for a firm to consolidate its productive activities in one country

Explanation:

There are several trade trade theories. Successful trade theories believe in unrestricted free trade, which does not allow government policies to exist.

Trade Theories includes;

1. Classic theories

2. Modern theories