The new trade theory is at variance with which of the following theori

QUESTION

The new trade theory is at variance with which of the following theories, which suggests that a country will predominate in the export of a product when it is particularly well endowed with those factors used intensively in its manufacture?

A. Heckscher-Ohlin

B. Product life-cycle

C. Comparative advantage

D. Absolute advantage

E. National competitive advantage

ANSWER

A