_____ 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