Which of the following is not a government incentive that often acts as a

Which of the following is not a government incentive

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71) Which of the following is nota government incentive that often acts as a catalyst for FDI?A) increased utility ratesB) inflationC) infrastructure additionsD) a progressive tax systemAnswer: CDiff: 2Skill: ConceptObjective: 672) Early theories of international trade focused on the patterns of exports and imports in individual countries.Answer: TRUEDiff: 2Skill: ConceptObjective: 2Learning Outcome: Compare and contrast theories of international trade73) World trade initially grew after World War II, but in the last decade has dropped off and beenreplaced with FDI.Answer: FALSEDiff: 2Skill: ConceptObjective: 174) An "unfavorable" balance of trade indicates that a country's exports are less than its imports.Answer: TRUEDiff: 2Skill: ConceptObjective: 275) Thanks to the emergence of China as a major exporting nation, Japan, Canada, the EU, and the U.S. accounted for just 30 percent of the world's merchandise exports in 2012.Answer: FALSEDiff: 2Skill: ConceptObjective: 176) The firm-based theories developed after World War II help explain patterns of trade in commodities.Answer: FALSEDiff: 2Skill: ConceptObjective: 2Learning Outcome: Compare and contrast theories of international trade19
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77) Brand name is an important component in a customer's purchase decision for commodities.Answer: FALSEDiff: 2Skill: ConceptObjective: 278) Adam Smith attacked the intellectual basis of mercantilism in 1776.Answer: TRUEDiff: 2Skill: ConceptObjective: 279) According to mercantilism, a nation's wealth is determined by its holdings of gold and silver.Answer: TRUEDiff: 1Skill: ConceptObjective: 2Learning Outcome: Compare and contrast theories of international trade80) Many countries have adopted some neomercantilist policies to protect key industries.Answer: TRUEDiff: 2Skill: ConceptObjective: 2Learning Outcome: Compare and contrast theories of international trade81) North Americans and Europeans have long applauded Japan's open door policy with regard to imports.Answer: FALSEDiff: 2Skill: ConceptObjective: 282) Adam Smith developed the theory of comparative advantage.Answer: FALSEDiff: 1Skill: ConceptObjective: 283) The theory of absolute advantage considers relative productivity differences between countries.Answer: FALSEDiff: 2Skill: ConceptObjective: 2Learning Outcome: Compare and contrast theories of international trade20
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84) The theory of comparative advantage uses the concept of opportunity cost to determine which good a country should produce.Answer: TRUEDiff: 2Skill: ConceptObjective: 2Learning Outcome: Compare and contrast theories of international trade85) The Heckscher-Ohlin theory is another name for the product life cycle theory.Answer: FALSEDiff: 1Skill: ConceptObjective: 286) Leontief found that the United States was producing and exporting capital-intensive goods.
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