Comparative advantage in the 21st century is based more on services and their cross border facilitation by telecommunications and the Internet

Indicate whether the statement is true or false.

Answer: TRUE

Business

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A market ________ pricing strategy calls for setting price levels that are low enough to quickly build market share

A) gray B) skimming C) penetration D) holding E) cost-based

Business

When consumers buy counterfeit goods, payments accrue to the firm that invented the product and not to illicit enterprises

Indicate whether the statement is true or false

Business