Solved >     81) A product’s components are made:1351071 …

 

 

81) A product’s components are made in a country that can produce them at a high level of productivity and assembled in another country where productivity in assembly is high. This process resembles the theory of ________.

A) comparative advantage

B) advantage savings

C) the international product life cycle

D) factor proportions

 

82) Much production in the world today closely resembles what is predicted by the ________.

A) new trade theory

B) international product life cycle

C) theory of comparative advantage

D) theory of factor proportions

 

83) Which of the following is NOT an argument offered by the new trade theory?

A) Gains can arise from diversification and managed growth.

B) Gains can arise from specialization and increasing economies of scale.

C) Companies first to enter a market can create barriers to entry.

D) Government may play a role in assisting its home companies.

84) New trade theory is in line with the theory of ________ but at odds with ________ theory.

A) international product life cycle; comparative advantage

B) comparative advantage; factor proportions

C) national competitive advantage; international product life cycle

D) factor proportions; absolute advantage

 

85) National competitive advantage theory states that a nation’s competitiveness in an industry depends on ________.

A) the capacity of the industry to innovate and upgrade

B) the level of government subsidy available

C) obtaining first-mover status

D) practicing neomercantilism

 

86) The Porter diamond consists of all the following EXCEPT ________.

A) factor conditions

B) demand conditions

C) supply conditions

D) firm strategy, structure, and rivalry

 

87) Which element of national competitive advantage theory divides resources into two groups: basic and advanced?

A) Demand conditions

B) Factor conditions

C) Related and supporting industries

D) Firm, strategy, structure, and rivalry

Scenario: Chuck Praeger, Global Entrepreneur

Chuck Praeger has made a name for himself by being able to sell golf equipment to anyone, anywhere, anytime. Chuck would like to expand his business into Pacific Rim countries and has begun making inquiries into potential distributors.

 

88) Chuck is convinced that his golf equipment will sell itself. But Chuck is preparing his special “hard-sell” presentation for Asia because he wants to make a good first impression. As a Pacific Rim expert, what do you tell Chuck?

A) Be sure to have a tight legal contract ready to avoid product piracy problems.

B) Aggressive salesmanship is unlikely to work in Pacific Rim countries.

C) Have plenty of English-language business cards to pass around because Asians are impressed with all things about the United States.

D) Avoid the confusion introduced by third-party contacts.

 

89) Chuck is a hands-on individual who believes his business has grown because of his personal involvement every step of the way. What advice do you offer Chuck as he continues to expand his business in new Asian markets?

A) Contact distributors directly to avoid misunderstandings that can arise when using third-party contacts.

B) Always stick to corporate settings when doing business to avoid misunderstandings that can arise in less formal environments.

C) Protect his interests by insisting on detailed contracts from the start.

D) Use proper intermediaries as required in Pacific Rim nations.

Scenario: Foodland and Drinkland

Two countries, Foodland and Drinkland, produce food and drinks. In Foodland, one resource unit produces 20 tons of food and one resource unit produces 10 tons of drinks. In Drinkland, one resource unit produces 12 tons of food and one resource unit produces 24 tons of drinks.

FoodDrinks

Foodland2010

Drinkland1224

 

90) This scenario provides an example of ________.

A) mercantilism

B) comparative advantage

C) a zero-sum game

D) absolute advantage

 

 

GraduateWriterHelp.com is an online academic writing platform that provides extensive assistance to graduate school students as they work through their research projects, papers and dissertations. GraduateWriterHelp.com gives students access to experienced professionals who can provide the help they need in a timely and efficient manner. The service offers a wide range of services, including editing, proofreading, formatting, researching and more that can give students the confidence they need to write the perfect paper or dissertation for their chosen subject matter.

Services Offered by GraduateWriterHelp.com
GraduateWriterHelp.com offers a wealth of different services designed to make research projects easier for graduate school students. These include editing, proofreading, formatting and researching services, all tailored specifically for graduate-level studies such as PhDs or Master’s degrees in any field from business administration to engineering or even psychology – all with the aim of helping busy students find success in their academics without having to sacrifice other important commitments like family time or work hours towards earning a living wage outside of college hours.

The Benefits of Using GraduateWriterHelp.com
Using GraduateWriterHelp.com gives you access to experts from all over the world who are highly qualified and experienced in helping graduate-level students to complete successful projects in various fields quickly and efficiently – something that would otherwise be difficult, if not impossible, given tight deadlines associated with most Ph.D./Master’s degree programs today. Moreover, using this platform makes it easier for students to keep up with multiple research tasks simultaneously since there are so many different experts available on tap at any one time – no longer will you have to put off studying one topic while focusing on another because of lack of resources! Additionally, having access to professional editors, proofreaders, but also formatters means that quality control standards aren’t sacrificed when finishing major pieces – since these individuals understand what makes up good academic writing better than anyone else and can offer guidance on how best one should go about making improvements along those lines. Finally, there is also an added cost-saving benefit associated with utilizing Graduate Writer Help compared to hiring an independent contractor (which could potentially run into thousands depending on length/complexity).
This service allows users only pay for what students need, which tends to be much lower overall because customers pay per hour rather than project basis, thus resulting to greater financial flexibility, especially for those just starting out postgraduate studies looking to conserve some pennies here there whenever possible!

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?