International business - What trade theories help to explain where cashew tree products have been produced historically?
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What trade theories help to explain where cashew tree products have been produced historically?
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What trade theories help to explain where cashew tree products have been produced historically are determined.
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What trade theories help to explain where cashew tree products have been produced historically?
Historically India has been one of the prime producers of the cashew products. This can explained by the trade theory of comparative advantage. One of the central pillars of trade theory is that countries will specialize in producing those products, which they are comparatively better at making relative to other products and other countries. On the one hand, such specialization allows a country to take advantage of ...
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