A. impoverished countries to impoverished countries
B. impoverished countries to wealthy countries
C. wealthy countries to wealthy countries
D. wealthy countries to impoverished countries
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The migrations of electricians from low-paying nations to high-paying nations is most likely to be challenged by ?
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The migration of employable workers from low-paying nations to high-paying nations will ?
A. electrician unions in the high-paying nations
B. electrician unions in the low paying nations
C. electrician employers in the high-paying nations
D. electricians who stay in the low paying nations
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International joint ventures can lead to welfare losses when the newly established firm ?
A. decrease wage rates in the low-paying nations
B. decrease productivity and real output in the world
C. increase business or capitalist incomes in the high-paying nations
D. increase business or capitalist incomes in the low-paying nations
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Accusations of American labor unions against U.S multinational firms include all of the following except ?
A. adds to the pre-existing productive capacity
B. enters markets neither parent could have entered individually
C. yields cost reductions unavailable to parent firms
D. gives rise to increased amounts of market power
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Multinational corporations face problems since they ?
A. enjoy unfair advantage in taxation
B. export jobs by shifting technology overseas
C. export jobs by shifting investment overseas
D. operating at output levels where scale economies occur
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Multinational corporations ?
A. cannot benefit from the advantage of comparative advantage
B. may raise political problems in countries where their subsidiaries operate
C. can only invest at home but not overseas
D. can only invest overseas but not at home
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All of the following are potential advantages of an international joint venture except ?
A. increase the transfer of technology between nations
B. make it harder to nations to foster activities of comparative advantage
C. always enjoy political harmony in nations where their subsidiaries operate
D. require governmental subsidies in order to conduct worldwide operations
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____ was a strategy for industrial development popular in Latin America in the 1950s 1 1960s for promoting domestic production by erecting high protective tariffs on imports of manufactured goods ?
A. sharing research and development cost among corporations
B. forestalling protectionism against imports
C. establishing work rules promoting higher labor productivity
D. operating at diseconomy-of-scale output levels
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Which of the following is not an example of foreign direct investment ?
1. export led growth
2. import substitution
3. dynamic hedging
4. countervailing duties