题目内容
Industrial processes that add weight or bilk to a commodity are likely to be located near the resource market to minimize transportation costs.
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A product will be traded only if the cost of transporting it between nations is less than the pretrade difference betwwen their relative product prices.
Generally speaking, transportation costs are more important than production costs as a source of comparative advantage.
Accordingtotheproductlifecyclemodel,comparativeadvantageshiftsfromcheap-laborcountriestohigh-technologycountriesafteramanufacturedgoodbecomesstandardized.
The product-life-cycle model contends that when a new product is introduced to the home market, it generally requires low-skilled labor to produce it.
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