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Just need the answers to the attached questions. Thank you.

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Just need the answers to the attached questions. Thank you.
Answered Same Day Apr 21, 2021

Solution

Harshit answered on Apr 22 2021
144 Votes
1. Agree: As per the new trade theory suggests that more goods and services are exported or imported. The capital / labour ratio of us is also good therefore us can import those goods or services which are not available with it and does not encourage more caused this will help countries to build relation.
2. Agree: The apparel and footwear industry is labour intensive which is outsourced to the Southeast Asia and the Cari
ean. Technology is not the major part of the production these firms have the ability of getting on raw material but the countries Outsourcing cannot get the labour in...
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