BUSI 311 - Ch. 5 & 6 questions well
answered to pass
What principle advocated that governments should actively shield domestic industries from
imports and vigorously promote exports?
a.
Factor endowment
b.
Absolute advantage
c.
Comparative advantage
d.
Protectionism - correct answer ✔✔d. Protectionism
Which of the following is a primary cost of FDI to host countries?
a.
Capital inflow
b.
Loss of sovereignty
c.
Increase in competition between local firms
d.
Capital and job loss - correct answer ✔✔b. loss of sovereignty
, The resource-based view argues that internalization is a response to the imperfect rules
governing international transactions.
Select one:
True
False - correct answer ✔✔False
Which of the following political views treats FDI as an instrument of imperialism and as a vehicle
for exploitation of domestic resources by foreign capitalists and firms?
a.
The free-market view
b.
The radical view
c.
Pragmatic nationalism
d.
The monopolistic view - correct answer ✔✔b. the radical view
The radical view treats FDIs as an instrument of imperialism.
Select one:
True
False - correct answer ✔✔True
Which of the following are politically motivated trade sanctions against foreign countries to
signal displeasure?
a.
Antidumping duties
b.
answered to pass
What principle advocated that governments should actively shield domestic industries from
imports and vigorously promote exports?
a.
Factor endowment
b.
Absolute advantage
c.
Comparative advantage
d.
Protectionism - correct answer ✔✔d. Protectionism
Which of the following is a primary cost of FDI to host countries?
a.
Capital inflow
b.
Loss of sovereignty
c.
Increase in competition between local firms
d.
Capital and job loss - correct answer ✔✔b. loss of sovereignty
, The resource-based view argues that internalization is a response to the imperfect rules
governing international transactions.
Select one:
True
False - correct answer ✔✔False
Which of the following political views treats FDI as an instrument of imperialism and as a vehicle
for exploitation of domestic resources by foreign capitalists and firms?
a.
The free-market view
b.
The radical view
c.
Pragmatic nationalism
d.
The monopolistic view - correct answer ✔✔b. the radical view
The radical view treats FDIs as an instrument of imperialism.
Select one:
True
False - correct answer ✔✔True
Which of the following are politically motivated trade sanctions against foreign countries to
signal displeasure?
a.
Antidumping duties
b.
