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COMM 498 FINAL REVIEW QUESTIONS WITH 100% CORRECT ANSWERS

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COMM 498 FINAL REVIEW QUESTIONS WITH 100% CORRECT ANSWERS

Institution
Comm 498
Module
Comm 498










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Institution
Comm 498
Module
Comm 498

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Uploaded on
January 15, 2026
Number of pages
19
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers

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plant level economies of scale (PLEoS)


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based on duplication of overhead between plants




relative cost exposure

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exchange rate fluctuations affecting sales volume, price, and cost
competitiveness




2 fundamental currency standards


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parity and equilibrium




type 3 factor


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specific, basic; ex. oil well




5 kinds of capital


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physical, human, intellectual, natural, social (PHINS)




multi-factor, world-wide calculation


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, home is capital abundant when home's share of the world supply of factor
exceeds home's share of world income (GDP)




2 types of effects in the market


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market-crowding and domination




2 forms of taxation of ex-pats


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protection and equalization




environmental separation


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far away countries have different climates, resources and populations




issues with contracts


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