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What are some of the traditional international trade theories that support the concept of globalization?In: Homeschooling, Economics, Business |
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No one theory alone can describe the pattern of international trade. Together, the theories of Free Trade, Life-Cycle, Mercantilism, Heckscher0Ohlin, New Trade and Porter's Theory support the concept of globalization.
First answer by Mastufa. Last edit by Mastufa. Contributor trust: 20 [recommend contributor]. Question popularity: 3 [recommend question]
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