On occasion,a firm will respond to a competitor's move by retaliating.For example,Linde Gas (an American firm producing industrial gasses) entered the French market when Air Liquide (a French company in the same industry) decided to enter the U.S.market.Such a move is considered a
A) cost driver.
B) competitive driver.
C) technology driver.
D) market driver.
E) None of the above
Correct Answer:
Verified
Q19: World trade in services representf a higher
Q20: A country often enjoys a comparative advantage
Q21: The total value of international trade (2008)in
Q22: NAFTA is a free-trade agreement between the
Q23: International trade is still mostly concentrated among
Q25: The International Product Life Cycle Theory explains
Q26: According to the International Product Life Cycle
Q27: Argentina can produce 1 ton of meat
Q28: Russia can produce 25 tons of steel
Q29: A product is invented in Country X
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents