The L in OLI refers to an advantage in a firm's home market that is a:
A) liability in the domestic market.
B) location-specific advantage.
C) longevity in a particular market.
D) none of the above
Answer: B
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Which of the following is true about the standard adopted by the Restatement (Third) of Torts for design defects?
A) It is based on strict liability. B) It is based on reasonableness. C) It is a negligence-based test on the duty to warn. D) It is based on the defendant's intent.
Which of the following is true of labor restrictions that can be placed on newly joined members under the EU?
A. that all restrictions have to be lifted after the first five years from joining B. that the restrictions can be extended for two more years after the first five years of joining C. that the restrictions can only be added on the first two years after joining D. that the freedom of movement of workers is an absolute right for all Europeans upon joining the EU