quiz# 3 2 - Marks: 2 Outward foreign direct investment has...

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Marks: 2 Outward foreign direct investment has been larger than inward foreign direct investment during the last decade for the United States. Answer: True False Correct Marks for this submission: 2/2. Question 22 Marks: 2 Corporate Social Responsibility is what managers believe to be right or wrong, good or bad. It helps managers know when certain behaviors are appropiate or not, such as whether corporate phones can be used for personal calls or not. Answer: True False Correct Marks for this submission: 2/2. Question 23 Marks: 2 In which stage of the international product life cycle does the innovating firm's country become a net importer of the product? Choose one answer. a. never b. new product stage (stage 1) c. maturing product stage (stage 2) d. standardized product stage (stage 3) e. Stage 2 & 3 Correct Marks for this submission: 2/2. Question 24 Marks: 2 World trade initially grew after World War II, but in the last decade has dropped off and been replaced with FDI. Answer: True False Incorrect Marks for this submission: 0/2. Question 25
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Marks: 2 Norway is a Nordic country where the weather is very cold in the winter and cool much of the year. Norway cannot grow an adequate supply of fresh fruit for its people. However, Norway is an oil rich country and has a vibrant fishing industry. Which of the following is not a likely route Norway would take regarding its imports and exports? Choose one answer. a. Norway is likely to import more and more oil given the rapid decline in crude oil prices over the past year. Revenues used from such imports will be used to buy fresh fruit for its people b. Norway is likely to use revenues from petroleum exports to fund imports of fruit for its people. c. Norway is likely to use revenues from the export of fish to fund imports for food items such as fruit that it cannot grow for itself d. Norway is likely to use its comparative advantage in fish and oil to earn export revenues,
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quiz# 3 2 - Marks: 2 Outward foreign direct investment has...

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