In the market for euros, Americans want to buy euros
a. only to buy goods from European firms
b. primarily to buy services from European firms
c. only to buy European assets
d. only to buy European goods and assets
e. to buy European goods, services, and assets
E
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When compared with China, the growth of clothing exports originating in Bangladesh clearly illustrates the difference between absolute and comparative advantage. Discuss and explain
What will be an ideal response?
In order to use lock-in as a competitive strategy, firm managers should be prepared to do all of the following except:
A) invest in a given base of customers by giving concessions initially. B) avoid selling complementary products and access to the customer base. C) be the first to bring a new type of product to market. D) use loyalty programs as part of an entrenchment strategy.