The theory of suggests that government can assist domestic companies in capturing economic profits from foreign competitors ?

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. Suppose an oligopolist individually maximizes its profits. When calculating profits, if the output effect exceeds the price effect on the marginal unit of production, then the oligopolist ?

   A. Should produce more units B. has maximized profits. C. is in a Nash equilibrium D. Should produce fewer units E. should exit the industry....

4. With fixed exchange rates and no private currency flows, when the central bank buys domestic currency the domestic money supply is ?

   A. increased B. unaffected C. reduced D. None of these...

5. Successful service companies focus their attention on both their customers and their employees they understand ________ which links service firm profits with employee and customer satisfaction ?

   A. internal marketing B. service-profit chains C. interactive marketing D. service differentiation...

6. Public limited companies may not maximize their profits because ?

   A. they are afraid of encouraging takeovers. B. shareholders have little control over managers. C. shareholders want higher dividends. D. both the first and third option....

7. Starting from a position where the nation’s money demand equals the money supply and its balance of payments is in equilibrium economic theory suggests that the nation’s balance of payments would move into a surplus position if there occurred in the nation a (an) ?

   A. increase in the money demand B. decrease in the money demand C. increase in the money demand D. None of the above...

8. 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...

9. Economic profits are ?

   A. the difference between total revenue and total costs. B. anything greater than the normal opportunity cost of investing C. the opportunity costs of all inputs D. a rate of profit that is just sufficient to keep owners and investors satisfied...

10. A monopoly is able to continue to generate economic profits in the long run because ?

    A. there is some barrier to entry to that market B. Potential competitors sometimes don’t notice the the profits. C. the monopolist is financially powerful. D. antitrust laws eliminate competitors for a specified number of years. E. of all of the things described in these answers...