Which of the following theories suggests that first mover advantage is significant in the export of a good?
A. Product life-cycle theory
B. Ricardo's theory
C. New trade theory
D. Theory of comparative advantage
Answer: C
Which of the following theories suggests that first mover advantage is significant in the export of a good?
A. Product life-cycle theory
B. Ricardo's theory
C. New trade theory
D. Theory of comparative advantage
Answer: C