Multiple Choice
The product life-cycle theory predicts that
A) over time the United States switches from an exporting country of new products to an importing country.
B) over time the United States switches from a comparative advantage in R&D to a service economy.
C) over time the United States education system maintains the country's dominant position in the world economy.
D) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q5: Since shareholders of MNCs may indirectly benefit
Q6: The rapid increase in cross-border M&A deals
Q7: According to a recent UN survey, the
Q8: When firms undertake FDI,<br>A)they become MNCs.<br>B)they reduce
Q9: Severe imperfections in the labor market lead
Q11: Such products as mineral ore and cement
Q12: Whether or not cross-border acquisitions produce synergistic
Q13: OPIC is the<br>A)Overseas Pirate Investment Corporation.<br>B)Overseas Private
Q14: Examples of transfer risk include<br>A)the unexpected imposition
Q15: The boomerang effect<br>A)the possibility that if the