International markets for goods and services are often imperfect.Which is the most common and most important?
A) Acts of governments
B) Natural barriers like distance
C) Cultural barriers
D) Lack of knowledge
Correct Answer:
Verified
Q20: The Ford Motor Company recently acquired Mazda,a
Q21: Alternatives to firms locating production overseas include
A)exporting
Q22: Such products as mineral ore and cement
Q23: Severe imperfections in the labor market lead
Q24: Governments regulate international trade
A)to raise revenue (e.g.,through
Q26: Unlike the theory of international trade or
Q27: Severe imperfections in the labor market arise
Q28: Why do firms locate production overseas rather
Q29: FDI stocks
A)are the common shares of multinational
Q30: A classic example for trade barrier-motivated FDI
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