Such products as mineral ore and cement that are heavy or bulky relative to their economic values
A) may be suitable for exporting because high transportation costs will be overcome by high profit margins in oligopolistic industries.
B) have high "value-to-weight ratios" that protect profit margins.
C) may not be suitable for exporting because high transportation costs will substantially reduce profit margins.
D) none of the above
Correct Answer:
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Q35: Severe imperfections in the labor market lead
Q36: Alternatives to firms locating production overseas include
A)exporting
Q37: Unlike the theory of international trade or
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Q40: Why do governments regulate international trade?
A)To raise
Q41: According to the internalization theory of FDI
A)firms
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A)U.S. firms undertake
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