A. direct exporting
B. indirect exporting
C. licensing
D. joint venturing
A. 12 million acres
B. 18 million acres
C. 16 million acres
D. 14 million acres
A. helps explain why some nations use industrial policy to support potentially competitive new firms
B. cannot explain strategic competition between firms such as Boeing and Airbus
C. Is another name for Ricardo’s comparative advantage theory?
D. None of the above
A. supply curve downward by the size of the tax per unit.
B. Supply curve upward by the size of the tax per unit
C. demand curve upward by the size of the tax per unit.
D. demand curve downward by the size of the tax per unit
A. Paying above the competitive equilibrium wage tends to cause workers to shirk their responsibilities
B. Firms do not have a choice about whether they pay efficiency wages or not because these wages are determined by law
C. Paying the lowest possible wage is always the most efficient (Profitable)
D. Paying above the competitive equilibrium wage may improve worker health lower worker turnover improve worker quality and increase worker effort
A. inefficient
B. normative
C. unattainable
D. efficient
A. Certificate issued by a company promising the payment of a specified amount at a fixed rate of interest after a specified period
B. Certificate for the investment in s
C. Certificate for the preference
D. None of these