Peregrine Exam Day 9 Questions and Verified
Answers| 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.
Answers| 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.
