Chapter 1 Globalization and the Multinational Enterprise

*

Which of the following factors of production DO NOT flow freely between countries?Answer |

Selected Answer: | Raw materials |

Correct Answer: | Raw materials |

|

* Question 2

10 out of 10 points

| |

| Which of the following is NOT a reason governments interfere with comparative advantage?Answer | | | |

| Selected Answer: | All are reasons governments interfere with comparative advantage. |

Correct Answer: | All are reasons governments interfere with comparative advantage. |

| | | |

* Question 3

10 out of 10 points

| |

| ________ investments are designed to promote and enhance the growth and profitability of the firm. ________ investments are designed to deny those same opportunities to the firm's competitors.Answer | | | |

| Selected Answer: | Proactive; Defensive |

Correct Answer: | Proactive; Defensive |

| | | |

* Question 4

10 out of 10 points

| |

| The authors describe the multinational phase of globalization for a firm as one characterized by theAnswer | | | |

| Selected Answer: | ownership of assets and enterprises in foreign countries. |

Correct Answer: | ownership of assets and enterprises in foreign countries. |

| | | |

* Question 5

10 out of 10 points

| |

| A well-established, large China-based MNE will probably be most adversely affected by which of the following elements of firm value?Answer | | | |

| Selected Answer: | An open marketplace. |

Correct Answer: | An open marketplace. |

| | | |

* Question 6

10 out of 10 points

| |

| Comparative advantage is one of the underlying principles driving the growth of global business.Answer | | | |

| Selected Answer: | True |

Correct Answer: | True |

| | | |

* Question 7

10 out of 10 points

| |

| The authors argue that financial inefficiency caused by influential insiders may prove to be an increasingly troublesome barrier to international finance.Answer |...