Joining with foreign companies to produce or market products and services is called ?

Related Mcqs:

1. If a government uses barriers to foreign products such as biases against a foreign company’s bids or product standards that go against a foreign company’s product features the government is using ?

   A. Protectionism
   B. exchange controls
   C. exchange facilitators
   D. nontariff trade barriers

2. Many U.S firms have sought relief from foreign competition by demanding protectionism policies by the U.S government. A better way for companies to compete is to expand into foreign markets and ?

   A. lower prices
   B. increase promotion both at home and abroad
   C. continuously improve their products at home
   D. join into cartels at home

3. What is called that bank which regularly accepts foreign currency-denominated deposits and makes foreign currency-denominated deposits and makes foreign currency loans ?

   A. Eurobank
   B. Foreign bank
   C. International Bank
   D. Multinational Bank

4. What is called protection of domestic producers by impeding or limiting the importation of foreign goods and services ?

   A. Domestication
   B. Protectionism
   C. Localization
   D. National interest

5. What is called the advocacy of protecting domestic producers by impeding or limiting the importation of foreign goods and services ?

   A. Domestication
   B. Protectionism
   C. Localization
   D. National interest

6. A high degree of real wage flexibility will tend to reduce the cost to a country of joining a currency union because ?

   A. All of the reasons given in these answers are correct
   B. real wages fall rapidly in a recession and the economy moves quickly back to long run equilibrium so limiting the duration of the recession even when exchange rate adjustment is not possible
   C. workers will move from a country in which aggregate demand falls to other countries of the currency union, and so unemployment remains lower than it otherwise would
   D. real wages fall and so offset the inflationary effect of switching from the old currency to the new common currency

7. Which one of the following is not an argument in support of the UK joining the EMU ?

   A. None of these arguments they are all arguments in support of the UK joining the UMU
   B. The characteristics of the UK housing market make UK consumers expenditure very sensitive to changes in interest rates
   C. The UK risks exclusion from the Euroland capital market with damaging consequences with damaging
   D. The UK needs to be a member of the EMU in order to continue to attract such large share of foreign direct investment in EU countries

8. There is a decentralized market where geographically dispersed dealers are linked by telephones and computer screens. The market is for securities not listed on a stock or bond exchange. Name the market ?

   A. Grey market
   B. Over-the counter (OTC)
   C. Open market
   D. Back market

9. If a producer has market power (can influence the price of the product in the market) then free market solutions ?

   A. are equitable.
   B. are efficient
   C. maximize consumer surplus
   D. are inefficient

10. If all firms in a market have identical cost structures and if inputs used in the production of the good in that market are readily available, then the long-run market supply curve for that good should be ?

    A. downward sloping
    B. perfectly inelastic
    C. upward sloping
    D. perfectly elastic