MNB3701 ASSIGNEMNT 3 SEMESTER 2 2024. The USA government use ………………. to support the agricultural industry to control the supply of essential crops. a. Subsidies b. Surplus c. Import quota d. Tariff barrier Which of the following is a potential nega

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,MNB3701-24-S2  Welcome Message  Assessment 3

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Question 1
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……………. is a classic theory, often used by
politicians when focusing singularly on
the trade balance as a national
performance indicator.


a. Theory of Mercantilism
b. Comparative advantage
c. Absolute advantage
d. Factor endowments

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Question 2
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……………… is a major reason why
competitors may find capabilities to be
inimitable.




a. benchmarking
b. Knowledge spill-over
c. Technology transfer
d. Causal ambiguity
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, MNB3701-24-S2  Welcome Message  Assessment 3

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Question 3
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The costs of pursuing one alternative in
terms of the forgone benefits of pursuing
another alternative are known as ……………




a. Opportunity costs
b. Alternative costs
c. Forgone costs
d. Sunk costs
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Question 4
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Which of the following is easy to imitate?


a. Production plants
b. Managerial talent
c. Superior motivation
d. Tacit knowledge
Clear my choice