Effects of technological differences on international trade are best explained by the Product Cycle Model. This model regards technological innovation as the key determinant of the pattern of trade within the manufactured commodities trade. Product Cycle Model was developed by Raymond Vernon in 1966. Essentially, it is successor of the Imitation
Sayfa 98Kitabı okudu
13 görüntüleme
Yorum yapabilmeniz için giriş yapmanız gerekmektedir.