the idea that a denim manufacturer in the united states can export its products to china while at the same time a chinese manufacturer in the denim market can export to the united states because each of the product lines has unique qualities demonstrates the idea of product'

Respuesta :

Crossing Demand, The theory of overlapping demand, developed by economist Stfan Linder, contends that countries with similar levels of per capita income share similar tastes and levels of demand for goods and services, in contrast to resource endowment-based theory.

worldwide production theory that is eclectic, A nation that produces two things less efficiently than another has an advantage over the more efficient nation in the production of the good for which its absolute disadvantage is less.

Countries can produce what they do best through global trade and purchase goods from others. Free trade is the transfer of goods and services between countries without interference from political or economic factors.

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