Question

what are the modern firm-based international trade theories? ​

Answer 1

Answer:

modern, firm-based international trade theory that states that a product life cycle has three distinct stages: (1) new product, (2) maturing product, and (3) standardized product. The obstacles a new firm may face when trying to enter into an industry or new market.

Answer 2

Answer:

A modern, firm-based international trade theory that states that a product life cycle has three distinct stages: (1) new product, (2) maturing product, and (3) standardized product. The obstacles a new firm may face when trying to enter into an industry or new market.

Explanation:

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