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14 May, 11:09

According to the PLC theory, developing countries have their best production advantage in which stage of the product life cycle?

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  1. 14 May, 12:02
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    Answer: Product life-cycle (PLC) theory expresses that in the standardized product stage is there a comparative advantage, because here production can move to developing countries, and then exportation of the product to developed countries is possible.
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