According to the resource-based view,which of the following is the reason for economic gains from international trade?
A) Some firms in a nation generate exports that are hard to imitate.
B) Some firms in a nation generate exports that are not valuable or unique.
C) Firms importing products have a balance of trade.
D) Firms exporting more products have a trade surplus.

Question

Quizplus · Accepted Answer

The resource-based view suggests that economic gains from international trade arise when firms in a nation generate exports that are valuable, rare, and hard to imitate, giving them a competitive advantage.

According to the Resource-Based View,which of the Following Is the Reason