Question 56 2 out of 2 points governments use quotas

This preview shows page 10 - 14 out of 14 pages.

Question 562 out of 2 pointsGovernments use quotas, also known asquantitative restrictions, to limit the quantity of
imports allowed into a nation.
Question 572 out of 2 pointsProtectionism is the economic policy of applyingtariffs on imported goods for government fundingto reduce or eliminate the need for taxation ondomestic industries.
Question 580 out of 2 pointsSuccessful FDI raises (___________) and the(____________) for nationals in the host county.
Question 592 out of 2 pointsA trade deficit will be generated if the importsoutweigh the exports.
Question 602 out of 2 pointsTariffs are the foundation for a commonunderstanding of the rules governing trade.
Question 610 out of 2 pointsThe presupposition of Absolute Advantage andComparative Advantage is that differences in(__________) determine patterns of internationaltrade.
Question 622 out of 2 pointsDuring stage one of the International Product Life
Cycle Theory, products are manufactured withhigher-cost, local labor.
Question 632 out of 2 pointsIn order to achieve an economic advantage, anation should specialize, produce, and exportonly those products where the nation holds an(_________).
Question 640 out of 2 pointsGreenfield investments are investment in existingassets.
Question 650 out of 2 pointsForeign Direct Investment can also take place byinjecting (_______) dollars into the economy of agiven country.
Question 660 out of 2 pointsThe WTO encourages trading under the guidingprinciple of trading fairly by treating other nationsequally under the concept of (___________)status.
Question 670 out of 2 pointsRecent (_______) industry growth reportshighlight that the (_______) industry is growing atroughly three times the rate of the rest of theprivate sector.
Question 680 out of 2 pointsIn Porter's Diamond, the relationship betweenthe three determinants or Diamond (see figureon next page 10) model a nation’s competitiveenvironment for an industry.
Question 690 out of 2 points(___________) agreements guide the tradingconduct of nations that may not have similar legalfoundations or business customs.
Question 700 out of 2 pointsNations use (______________) as a means ofcontrolling foreign direct investment.
Question 712 out of 2 pointsIn the case of “buy,” the investing corporation willseek an existing corporation in the target industryor market as a candidate for merger oracquisition.
Question 720 out of 2 points(____________) seeks to determine how oneshould proceed in trade if the goal was tomaximize world production (the goods andservices available to citizens of each country).
Question 732 out of 2 pointsFidelicomiso is a fiduciary trust where the owners
cannot be foreigners and must own the propertythrough a corporation that is formed in Mexico.
Question 740 out of 2 pointsThe trend of foreign companies making foreigndirect investments in the U.S. is increasing.
Question 750 out of 2 pointsOwnership in foreign entities can be a completeor a controlling stake in the formof either awholly owned subsidiary or through mergers andacquisitions of existing corporations.
End of preview. Want to read all 14 pages?

Upload your study docs or become a

Course Hero member to access this document

Term
Fall
Professor
Romanoski

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture