In Ecuador, cut roses are one of the country’s leading exports. Prior to advancements in the air transportation industry, this would have been impossible as roses must be sold within three to five days once cut. Today Ecuador is one of the world’s top producers of roses. What are the various trade theories that help explain ecuador’s competitive position in exporting roses? Then consider how well the Ecuadorian rose industry has balanced exporting success with socially responsible business practices.

ENGR.ECONOMIC ANALYSIS
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In Ecuador, cut roses are one of the country’s leading exports. Prior to advancements in the air transportation industry, this would have been impossible as roses must be sold within three to five days once cut. Today Ecuador is one of the world’s top producers of roses.

What are the various trade theories that help explain ecuador’s competitive position in exporting roses?

Then consider how well the Ecuadorian rose industry has balanced exporting success with socially responsible business practices.

Expert Solution
Step 1: Introduction to Ecuador as a producer of rose

Ecuador's rise as one of the world's leading exporters of roses is a fascinating case study that can be analyzed through various trade theories. This success story highlights the intersection of trade theories and socially responsible business practices. Let's explore how different trade theories explain Ecuador's competitive position in exporting roses and assess how well the country has balanced this success with social responsibility.

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