Question: One reason why Silicon Valley continues to be an important, if not the most important, center of the global IT industry is an ecosystem that

One reason why Silicon Valley continues to be an important, if not the most important, center of the global IT industry is an ecosystem that includes highly demanding and knowledgeable consumers and world

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class ancillary industries and support services. These are key components of which of the following explanations of global trade patterns?

Group of answer choices

National competitiveness theory.

Neo

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mercantilism.

Theory of absolute advantage.

Product life

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cycle theory.

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