Exam (elaborations)
MKT 310 exam 2 Questions & Answers(RATED A+)
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- Institution
classical trade theories - ANSWER1. mercantilism 2. absolute advantage principle 3. comparative advantage principle 4. factor proportions theory 5. international product cycle theory mercantalism - ANSWER-int. trade perspective in 1500's -ideal situation is to run a trade surplus (export>...
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