Question

Underlying most of the trade theories discussed is the notion that: Group of answer choices firms that establish a first-mover advantage with regard to the production of a particular new product will dominate global trade in that product. despite a pivotal role in international trade, businesses are typically unable to influence government trade policy. it usually makes sense for a firm to consolidate its productive activities in one country. different countries have particular advantages in different productive activities.

Answer 1

It usually makes sense for a firm to consolidate its productive activities in one country

Step-by-step explanation:

There are several trade trade theories. Successful trade theories believe in unrestricted free trade, which does not allow government policies to exist.

Trade Theories includes;

1. Classic theories

2. Modern theories