Busmhr 2000 exam 1 - Guides d'étude, Notes de cours & Résumés

Globalization → -:- The shift toward a more integrated and interdependent world economy. Globalization of markets → -:- The merging of historically distinct and separate national markets into one huge global marketplace. Globalization of production → -:- The sourcing of goods and services from locations around the globe to take advantage of national differences in the cost and quality of factors of production. Factors of production → -:- Labor, energy, land, and capital. Gene...

BUSMHR 2000 Exam 1 Study Guide with Complete Solutions Globalization - Answer-The shift toward a more integrated and interdependent world economy. Globalization of markets - Answer-The merging of historically distinct and separate national markets into one huge global marketplace. Globalization of production - Answer-The sourcing of goods and services from locations around the globe to take advantage of national differences in the cost and quality of factors of production. Factors of pr...

BUSMHR 2000-Final exam Questions and Answers | 100% Pass free trade - Answer-government does not attempt to restrict what citizens can buy from another country or what they can sell to another country tariffs - Answer-A tax on imports that effectively raises the cost of imported products relative to domestic products special tariffs - Answer-levied as a fixed charge for each unit of a good imported Ad Valorem Tariff - Answer-can increase government revenues, provide protection to domesti...

International Business BUSMHR 2000 OSU Midterm 1 Exam Study Guide with Complete Solutions Declining trade barriers - Answer-better ability to sell overseas Declining investment barriers for producers means... - Answer-better ability to produce overseas Enhanced communication technologies - Answer-better ability to control overseas operations Enhanced transportation technologies - Answer-lowered distance between countries Producers Arguments for Globalization - Answer-more markets to s...