II. True & False, just write true or false for the answer （ ） 1. It is possible that economic growth in developed nations has offset the fall in the share of national income enjoyed by unskilled workers, raising their living standards. （ ）2. The attractiveness of a country as a potential market for an international business depends solely on the size of its consumer market. （ ）3.The stock of foreign direct investment refers to the total accumulated value of foreign-owned assets at a given time. （ ） 4. Strong legal protection of property rights is a requirement for a business environment to be conducive to innovation, entrepreneurial activity, and hence economic growth. ( ) 5. A risk-averse international firm that enters a foreign market on a small scale will increase its potential losses. （ ）6. In a joint venture, a firm benefits from a local partner's knowledge of the host country's competitive conditions, culture, language, political systems, and business systems. ( ) 7. According to the extreme version of radical view, no country should ever permit foreign corporations to undertake FDI, because they can never be instruments of economic development, only of economic domination. （ ）8. According to the free market view, countries should specialize in the production of those goods and services that they can produce most efficiently. ( ） 9. Services such as telecommunications, retailing, and many financial services, where the service has to be produced where it is delivered, lend themselves well to exporting. （ ）10. The WTO embraces the promotion of international trade in services
II. True & False, just write true or false for the answer
（ ） 1. It is possible that
（ ）2. The attractiveness of a country as a potential market for an international business depends solely on the size of its consumer market.
（ ）3.The stock of foreign direct investment refers to the total accumulated value of foreign-owned assets at a given time.
（ ） 4. Strong legal protection of property rights is a requirement for a business environment to be conducive to innovation, entrepreneurial activity, and hence economic growth.
( ) 5. A risk-averse international firm that enters a foreign market on a small scale will increase its potential losses.
（ ）6. In a joint venture, a firm benefits from a local partner's knowledge of the host country's competitive conditions, culture, language, political systems, and business systems.
( ) 7. According to the extreme version of radical view, no country should ever permit foreign corporations to undertake FDI, because they can never be instruments of economic development, only of economic domination.
（ ）8. According to the free market view, countries should specialize in the production of those goods and services that they can produce most efficiently.
( ） 9. Services such as telecommunications, retailing, and many financial services, where the service has to be produced where it is delivered, lend themselves well to exporting.
（ ）10. The WTO embraces the promotion of international trade in services
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