The international product life cycle theory best explains best trade dynamics of (Hint: Recall the...
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The international product life cycle theory best explains best trade dynamics of (Hint: Recall the example of computers first made in the U.S., then in Japan, and then in China.) Services Knowledge-based goods, such as books or software Natural resources Manufactured goods, such as mobile phones, computers, or shoes The theory works well for all of the above types of goods
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