Exam (elaborations)
Peregrine Exam Day 9 Questions and Verified Answers| 100% Correct| Grade A+
- Course
- Institution
Peregrine Exam Day 9 Questions and Verified Answers| 100% Correct| Grade A+
[Show more]
Content preview
Peregrine Exam Day 9 Questions and VerifiedAnswers| 100% Correct| Grade A+
Many companies impose duties on products they believe are being dumped in their national market by....
- ✔✔Rationale that these products have the potential to undercut local businesses and the local
economy
What is the purpose of anti-dumping laws? - ✔✔To save jobs, they can also lead to higher prices
for domestic consumers
What can anti-dumping laws do in the long run? - ✔✔reduce the international competition of
domestic companies producing similar goods
explicit collusion - ✔✔firms directly negotiate output and pricing and divide markets
implicit collusion - ✔✔multiple firms make the same pricing decisions even though they have
not explicitly consulted with one another
Direct Competition - ✔✔the rivalry between two companies that offer similar products and
services, acknowledge each other as rivals, and act and react to each other's strategic actions
Indirect Competition - ✔✔Rivalry between or among businesses that offer dissimilar goods or services
Replacement competition - ✔✔is another company that is offering a product or service that
the consumer could use instead of choosing your product or services
, Nationalism - ✔✔A strong feeling of pride in and devotion to one's country
free market - ✔✔An economic system in which prices and wages are determined by unrestricted
competition between businesses, without government regulation or fear of monopolies.
What is a key feature of free markets? - ✔✔absence of coerced transactions or conditions
on transactions
Cultural Influences - ✔✔include culture, subculture, and social class influences that marketers use
to study buying behavior
Expropriation - ✔✔Forced transfer of assets from a company to the government with compensation
Obsolescing bargain - ✔✔The deal struck by MNEs and host governments, which change
their requirements after the initial FDI entry.
Foreign Direct Investment - ✔✔Investment made by a foreign company in the economy of another
country.
FDIs are used in.... - ✔✔open markets not closed markets for investors
What are the types of FDIs? - ✔✔Horizontal, vertical and conglomerate
Horizontal FDI - ✔✔A type of FDI in which a firm duplicates its home country-based activities at
the same value chain stage in a host country.
Vertical FDI - ✔✔A type of FDI in which a firm moves upstream or downstream at different value
chain stages in a host country.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Examsplug. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75632 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now