Dixon Enterprises, uses a global strategy, which means that the firm most likely has a centralized structure Which strategy combines the benefits of global scale efficiencies and local responsiveness? transnational strategy International Business, 8e (Griffin/Pustay) Chapter 9 Formulation of National Trade Policies
1) ________ implies that the national government exerts minimal influence on the exporting and importing decisions of private firms and individuals. A) Fair trade B) Free trade C) Managed trade D) Equitable trade Answer: B Diff: 1 Skill: Concept Objective: 1 2) Free trade ________. 3) Fair trade is sometimes called ________.
4) The "level playing field" argument is primarily used to justify government policies that ________. 5) The ________ holds that a country must be self-sufficient in critical raw materials, machinery, and technology or it will be vulnerable to foreign threats. A) national defense argument B) infant industry argument C) industrial policy D) strategic trade theory Answer: A Diff: 2 Skill: Concept Objective: 1 Learning Outcome: Discuss arguments for and against government intervention in international business 6) The ________ proposes that tariffs be imposed on imported manufactured goods to give U.S. firms temporary protection from foreign competition until they can fully establish themselves.
7) The determination of which industries deserve infant industry protection is often done ________.