_____ advantages refer to the mode of entry abroad.

a. Locational, or country-specific
b. Environmental
c. Internalization
d. Externalized
e. Ownership, or firm-specific

Ans: c. Internalization

Economics

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If peanut butter and jelly are complements, then their cross elasticity of demand must be

A) infinitely high. B) a positive number that might be greater than 1. C) a number between zero and one. D) a negative number.

Economics

The problems of externalities and poorly formed property rights are:

A. better solved by private rather than government action. B. the only two legitimate reasons for creating government. C. among several rationales for the existence of government. D. minor in modern economies.

Economics