Question: 1.Explain how Vernon's Product Cycl e theory can be used as a framework to analyse patterns of FDI. 2.The Bretton Woods international monetary system is

1.Explain how Vernon's Product Cycle theory can be used as a framework to analyse patterns of FDI.

2.The Bretton Woods international monetary system is said to be the most stable we have ever had. So why did it collapse?

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