Which of the following theories identifies the non-transferability of resources as a reason for international business?
A) Theory of comparative advantage
B) Imperfect markets theory
C) Product cycle theory
D) None of the above

Question

Quizplus · Accepted Answer

The imperfect markets theory suggests that resources are not easily transferable across borders, leading to international business as firms seek to exploit these market imperfections.

Which of the Following Theories Identifies the Non-Transferability of Resources