Multiple Choice
Table 15.3 shows:
A) That firms must employ economists when making strategic location decisions
B) That the economic theory of comparative advantage can be quantified and tested
C) That the USA should dominate clothes manufacturing (apparel)
D) That Hong Kong should dominate fiber production
Correct Answer:

Verified
Correct Answer:
Verified
Q37: Globalization decreases global efficiency by increasing global
Q38: Comparative advantage means:<br>A)Relative efficiencies in market research<br>B)Relative
Q39: A consequence of internationalization for management is:<br>A)The
Q40: A center of excellence is a way
Q41: Japanese dominance of the world camera industry
Q43: Global industries are those where:<br>A)International trading is
Q44: The example of the 2007-8 financial crisis
Q45: According to Jack Welch, former GE chairman,
Q46: Globalization is the second most important force
Q47: What are the main considerations in an