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Which of the following assumptions are present in the classical theories of international trade? a. Different produces have different product life cycles b. No complications in foreign exchange transactions
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Which of the following assumptions are present in the classical theories of international trade?

a. Different produces have different product life cycles
b. No complications in foreign exchange transactions
c. Transportation costs should underpin foreign trade
d. Resource mobility is not easy to achieve

User Fundhor
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5 votes

Answer: C

Explanation: Transportation costs should underpin foreign trade.

User Andreas Kahler
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