The additional cost to a firm of producing one more unit of a good or service is equal to producer surplus

As market integration and symmetry between the nations' economies rise, the:

A) net benefits of a currency union fall. B) OCA becomes less desirable for each nation. C) political costs of a currency union rise. D) net benefits of a currency union rise.

The L in OLI theory stands for loyalty, and this factor makes it more difficult for firms to substitute foreign operations for domestic as they fear a loss of sales due to negative publicity

Indicate whether the statement is true or false