According to Dunning's OLI Framework a firm's foreign investment decisions are driven by - Answer-Ownership, Location and Internalization factors
The ___________ theory attempts to explain international trade by examining the pattern of
consumer demand for products - Answer-Linder
According ...
GMS522 - POP QUIZ 3 Questions and
Answers
According to Dunning's OLI Framework a firm's foreign investment decisions are driven
by - Answer-Ownership, Location and Internalization factors
The ___________ theory attempts to explain international trade by examining the
pattern of
consumer demand for products - Answer-Linder
According to the International Product Cycle Theory comparative advantage shifts to
developing countries such as Mexico, India and China in the _________ stage of the
cycle - Answer-third
Which is NOT a form of government export promotion? - Answer-Establishing voluntary
export restrictions on local firms
The Mexican ambassador to Canada knew exactly why he was being asked to attend a
meeting in Ottawa. Mexican vegetable farmers were rumored to be subsidized by their
government. Canadian farmers in British Columbia and Ontario (two Canadian
provinces) had
complained to the Canadian government calling for the imposition of
________________ on
Mexican imports. The Mexican ambassador knew that if he was not careful in
discussions with
trade officials in Ottawa the matter could soon be before the Wor - Answer-
Countervailing duties
Voluntary export restraints have been used mainly in areas such as textiles,
automobiles, and
steel and are intended to - Answer-Help companies in the importing nation survive
Unlike the International Product Cycle Theory, Porter's Diamond of National Advantage
suggests that countries can maintain their competitive advantage in specific industries
over long
periods of time irrespective of the impact of labor costs. True/False - Answer-true
.According to transaction cost analysis, firms seek to minimize transaction costs in their
efforts
to expand and market their products globally. These may be classified as Contracting
costs,
Search costs, Monitoring Costs and Enforcement costs. True/False - Answer-true
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 EFT, 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 this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller lectknancy. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R195,88. You're not tied to anything after your purchase.
