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. causes a shift in the position of the United States from that of an exporter to an importer.
A
Business
You might also like to view...
Values provide the context within which a society's norms are established and justified
Indicate whether the statement is true or false.
Business
CISG may apply even if the buyer's and seller's places of business are not in a contracting state
Indicate whether the statement is true or false
Business