................ is a complex phenomenon that includes knowledge, beliefs, art, morals, law, customs, and other capabilities acquired by people as members of society

.................... theory suggests that trade is a positive sum game

................. theory talks about attaining economies of scale and lowering the cost of production by specialization in the production of certain goods

............. is a quota on trade imposed by the exporting country, typically at the request of the importing country's government

.................. is defined as selling goods in a foreign market at below their costs of production or as selling goods in a foreign market at below their "fair market" value

The .................... was a multilateral agreement whose objective was to liberalize trade by eliminating tariffs, subsidies, import quotas and the like

Knickerbocker's theory suggests that much FDI is explained by imitative behavior by rival firms in an .................... industry

As per .......................... theory, firms undertake FDI to exploit resource endowments or assets that are location-specific

In a ............................. area, barriers to trade among member countries are removed, and a common external trade policy is adopted