Country a can produce product x, but it can also buy it at a cheap rate from country b. which of the following courses of action is suitable in this situation according to adam smith's theory of absolute advantage? question 35 options: 1) country a should import product x from country b and it should not attempt to produce it at home. 2) country a should partly import the product and produce it domestically. 3) country a should produce more of product x and should attempt to obtain an absolute advantage for the product. 4) country a should subsidize the production of product x to obtain an absolute advantage over country b.

Tl & co. is following a related-linked diversification strategy, and soar inc. is following a related-constrained diversification strategy. how do the two firms differ from each other? a. soar inc. generates 70 percent of its revenues from its primary business, while tl & co. generates only 10 percent of its revenues from its primary business. b. soar inc. pursues a backward diversification strategy, while tl & co. pursues a forward diversification strategy. c. tl & co. will share fewer common competencies and resources between its various businesses when compared to soar inc. d. tl & co. pursues a differentiation strategy, and soar inc. pursues a cost-leadership strategy, to gain a competitive advantage.