Identify the 4 Correct Statements

Essay

Identify the 4 correct statements
1. A commercial presence abroad can be considered as "trade in services" although it is not covered in the standard service trade statistics, e.g., in the balance of payments.
2. The term "servicification" signifies a trend to offer manufacturing as a service.
3. For trade in services, the GATS agreement requires general "national treatment", i.e., non-discrimination of foreign suppliers.
4. Digital markets are often characterised by network externalities.
5. Tech MNE often require more capital to go abroad than other MNEs that internationalise more "asset-light".
6. Tacit knowledge is more difficult to be transmitted across borders than codified knowledge.
7. FDI is an important channel for transferring intellectual property, yet it can also be used to protect core knowledge.
8. The so-called "patent puzzle" is related to an empirical finding that the stronger patents are protected in a country, the higher is the rate of the country's technological progress.