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C211 OA
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C211
4. Which political view of foreign direct investment (FDI) is most widely used by governments in the current international business environment?
Radicalism
Protectionism
Communism
nationalism
5. Which factors predict the degree of rivalry between a pair of competitors? 2 choices
Market commonality
Cost structure
Resource similarity
Organizational structure
6. Which factors predicts how local firms in emerging economics will respond to multinational competitors?
Competitive assets and industry pressures to globalize
Formal and informal institutions
Market dominance and market fragmentation
Cooperation and signaling
7. During which stage of the product life cycle do sales and profits gradually increase before seeing more dramatic increases?
Introduction
Maturity
Growth
Decline
8. Which factor determines the foreign exchange rate any currency?
Universal trade of the currency
Supply and demand for the currency
The age of the currency
Business economics of the currency
9. Which risk must a corporation minimize if it is to effectively manage short-term currency fluctuations?
Beta risk
Hedging
Alpha risk
Transaction risk
10. Which policy does a country use to determine the exchange rate of their currency in relationship to another country's currency if they do not rely on market forces?
Clean float rate policy
Fixed rate policy
Flexible rate policy
Floating rate policy
11. Which term refers to trading currencies and currency derivatives in order to earn profits and help make
prices efficient?
Investing Brokering
Day trading
Speculation
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12. Which type of advantage is gained by a company based on where it operates?
Lifecycle-specific
Innovation-specific
Institution-specific
Location-specific 13. Who gains from erecting significant entry barriers for other entrants?
Late mover
Early movers
Laggard
First movers
14. Which strategy for entering into a foreign market has the lowest degree of risk?
Wholly-owned subsidiary
Joint venture
Foreign acquisition
Licensing
15. What is a non-equity mode involving some type of contractual agreement?
Minority joint venturing
Direct exporting
Licensing
Acquisition
16. After the Lehman Brothers collapse, the federal Reserve stood ready to lend financial institutions funds. When the Federal reserve did this, it was acting in its role as a lender of last resort. Which type of group has this role?
Informal institution
Nongovernmental organization
Formal institution
Government agency
17. What is the comprehensive free-trade settlement among Canada, US, and Mexico, that addresses issues of protecting workers rights, the environment and reducing tariffs and non-tariff trade barriers?
NAFTA
ASEAN
AMEA
Mercosur
18. What is one of the core propositions underpinning an institution-based view of global business?
A political system should establish controls of the financial sector
Countries should provide tariff protection
If formal constraints are not in place, the informal constraints will guide decision making
Investment in infrastructure provides a multiplier effect in a developing economy
19. What is one of the core propositions underpinning an institution-based view of global business?
Investment in infrastructure provides a multiplier effect in a developing economy
Government should provide tariff protection
Managers and corporations make rational decisions within their formal and informal framework
A political system should establish controls of the financial sector
20. Which type of system allows businesses to be privately owned with a strong individualistic profit orientation?
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Market economy
Democracy
Command economy
Totalitarianism
21. Which legal system is based on a religious document and religious teachings?
Property law
Theocratic law
Civil law
Common law
22. Which type of good has well-established property rights?
Public goods
Private goods
Club goods
Common goods
23. Which activity disregards basic property rights?
A person reads a newspaper on the backyard patio
Someone chooses to ride a bike to work rather than drive a car
Students play loud music in the open area between dorms
Executives discuss strategy in the company boardroom
24. What is one type of economy that uses the market system?
Political economy
Mixed economy
Universal economy
Dual economy
25. Which kind of outcome was Adam Smith referring to when describing the invisible hand?
Open outcomes
Planned outcomes
Mixed outcomes
Market outcomes
26. What does the value of the marginal product of labor for a perfectly competitive, profit-maximizing firm equal?
Loss
Rate
Cost
wage
27. What is the change in total cost equal to?
Marginal cost multiplied by quantity
Marginal cost multiplied by change in quantity
Marginal cost multiplied by total cost
Marginal cost divided by total cost
28. Which condition must be satisfied for a competitive firm to shut down in a short run
Total variable costs are greater than total revenue
Total revenue covers total variable costs
Total fixed costs are greater than total revenue
Total revenue is equal to price
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Related Questions
7n
Your textbook discusses precursors to globalization (ımperialism, colonialism, westernization, and Americanization). Which of these do you think was the most influential of the precursors? Why?
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The transnationality index reflects the number of foreign countries in which a multinational firm is involved
a.
True
b.
False
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1.
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gnment Saved to this PC V
n
Layout References
ens: On
United
States
Search (Alt+Q)
Mailings Review
Don't renew MFN
status with the
Lewis Kingdom
Renew MFN status
with the Lewis
Kingdom
Accessibility: Investigate
View Help
Lewis Kingdom
Impose trade sanctions
against U.S. firms
U.S. trade value - $65 b
L.K. trade value - $75 b
U.S. trade value - $35 b
L.K. trade value- $285 b
×
(L.K.)
Do not impose trade
sanctions against U.S.
firms
U.S. trade value - $140 b
L.K. trade value = $5 b
U.S. trade value - $130 b
L.K. trade value-$275 b
a) Does the U.S. have a dominant strategy? Why or why not?
b) Does the Lewis Kingdom have a dominant strategy? Why or why not?
c) What is the Nash equilibrium in this game?
d) Is this game a version of the prisoners' dilemma game? Why?
[]
monica
D Focus
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H7
As a result of the fall of the Soviet Union in 1991, a new distribution of power is emerging and several countries are primed to become more powerful and influential in the international system. Which country do you think is emerging as the most powerful or influential? Why?
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From the list below, choose two examples of products that are traded on
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all that apply.)
A. Aircraft design
B. Biotechnology
C. Clothing and apparel
D. Mining and minerals
E. Agriculture
In each of the above examples, "learning-by-doing" is important to the
dynamic increasing returns in the industry.
Using the 3-point curved line drawing tool, draw a learning curve that shows
the benefits of "learning-by-doing." Label it 'L'.
Carefully follow the instructions above and only draw the required object.
C
0
Unit Cost
Cumulative Output
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Imagine that you are a business owner and looking to expand your operations internationally for the first time. You know that different approaches
offer different advantages. For each advantage listed below, identify the business approach that would provide that advantage.
Access to foreign markets
No need to adapt products to local preferences
Control
Access to materials and technology
Low capital investment needed
Shared ownership
Import/Export Licensing Joint Venture
O
O
O
O
Direct Investment
O
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8. Which of the following is not likely to be a gain to a host state of a multinational company?
a) Taxation revenue
b) Increased certainty over future economic activity
c) diminishing market competition
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02
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None
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What criteria define India as an emerging market? (250 WORDS)
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Homework (Ch 09)
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Suppose Bangladesh is open to free trade in the world market for maize. Since Bangladesh is small relative to the international market, the demand
for and supply of maize in Bangladesh have no impact on the world price. The following graph shows the domestic market for maize in Bangladesh.
The world price of a ton of maize is Pw = $800.
On the following graph, use the green triangle (triangle symbols) to shade the area representing consumer surplus (CS) when the economy is at the
free-trade equilibrium. Then, use the purple triangle (diamond symbols) to shade the area representing producer surplus (PS).
PRICE (Dollars per ton)
3
1280
Domestic Demand
Domestic Supply
1220
1160
1100
1040
980
920
860
800
740
680
25
50
75 100 125 150
QUANTITY (Tons of maize)
200 225
250
24
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PS
MacBook Pro
music
zoom…
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Please answer fast in 1 page
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2)Mr. Christopher Robins, a manager in mid-sized health care firm would most likely benefit from studying international business issues so that he can
Select one:
a. understand the legalities of importing and cxporting prociuicte ovensas.
b. supervise and evaluate subordinates who have giobal assignments.
c. better understand how foreign operations affect the companys competitive position.
d. conduct better job interviews.
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Please identify which of the following does not
constitute a barrier that makes it difficult for
companies to accomplish the optimal dispersion of
their productive activities to locations around the
world.
Select one:
a. Government regulations.
b. Barriers to foreign direct investment.
c. Issues associated with economic and political
risk.
d. Reduced transportation costs.
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In which sector (s) or industries doea United States specialises in?
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What goal of foreign policy is being achieved in the following example:
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O Promote human rights (humanitarian)
O Protect security
O Spread democracy
O Encourage free trade
om/common-assessment-delivery/start/5687736742?action=onresume&submissionld=856450706#
Support | Schoology Blog | PRIVACY POL
re to search
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Many US and European Multinationals have expanded in Asian countries and have established manufacturing and sales operations there. Why do you think this region of the world holds so much interest for multinational companies? What are the advantages and potential disadvantages?
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create a report that achieve the following objectives:Knowledge1. Describe the international business environment in the Caribbean.2. Evaluate the environment in which international business is conducted.3. Differentiate the international opportunities and challenges facing Caribbean firms.4. Identify current issues affecting the conduct of international business, particularly forCaribbean firms.5. Evaluate the impact of globalization on strategy formulation and implementation ofCaribbean businessesSkills6. Formulate an international strategy including applying different modes of entry into aforeign market for an existing or fictitious company.7. Integrate issues of cultural and societal diversity into the international business decisionprocess.8. Develop strategies for leveraging cultural diversity into business operationsAttitudes9. Appreciate the implication of current world events for the practice of international business.
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- Define and explain culture, and how it affects the conduct of international business. Please make answer unique and not plagiari) zedarrow_forwardAssume you are starting a new business in a country of your choice and conduct a PESTLE analysis to identify the Key political, economic, social, technological, legal and ethical conditions in the given country that can impact your business. (Identify your business first) in 1000 wordsarrow_forwardgnment Saved to this PC V n Layout References ens: On United States Search (Alt+Q) Mailings Review Don't renew MFN status with the Lewis Kingdom Renew MFN status with the Lewis Kingdom Accessibility: Investigate View Help Lewis Kingdom Impose trade sanctions against U.S. firms U.S. trade value - $65 b L.K. trade value - $75 b U.S. trade value - $35 b L.K. trade value- $285 b × (L.K.) Do not impose trade sanctions against U.S. firms U.S. trade value - $140 b L.K. trade value = $5 b U.S. trade value - $130 b L.K. trade value-$275 b a) Does the U.S. have a dominant strategy? Why or why not? b) Does the Lewis Kingdom have a dominant strategy? Why or why not? c) What is the Nash equilibrium in this game? d) Is this game a version of the prisoners' dilemma game? Why? [] monica D Focusarrow_forward
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- Imagine that you are a business owner and looking to expand your operations internationally for the first time. You know that different approaches offer different advantages. For each advantage listed below, identify the business approach that would provide that advantage. Access to foreign markets No need to adapt products to local preferences Control Access to materials and technology Low capital investment needed Shared ownership Import/Export Licensing Joint Venture O O O O Direct Investment Oarrow_forward8. Which of the following is not likely to be a gain to a host state of a multinational company? a) Taxation revenue b) Increased certainty over future economic activity c) diminishing market competition d) due to foreign competition, upcoming industries may collapsearrow_forwardHow does globalisation impact a firm’s strategy? Please Provide (Theory, discussion and examples ) 1000 words and referencesarrow_forward
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