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Management · Q747

International Finance and Treasury

Graduate and Post Graduate · Management · question 747

Q747

Below Product Cycle Theory, overseas demand can be primarily contented by

A.
Exporting
Answer
B.
Importing
C.
Licensing
D.
Mobility of funds

Answer: Option A

Solution

Answer: Option A
Solution:
Below Product Cycle Theory, overseas demand can be primarily contented by exporting. The Product Life Cycle Theory is an economic theory that was developed by Raymond Vernon in response to the failure of the Heckscher-Ohlin model to explain the observed pattern of international trade.