What theory attempts to explain why Japan is strong in automobiles, Switzerland in precision instruments and pharmaceuticals, and Germany in chemicals? Select one: a. Absolute advantage b. New trade theory c.

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Chapter3: Interdependence And The Gains Rrom Trade
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What theory attempts to explain why Japan is strong in automobiles, Switzerland in precision instruments and pharmaceuticals, and Germany in chemicals?
Select one:
a.
Absolute advantage
b.
New trade theory
c.
National competitive advantage
d.
Comparative advantage 
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