1) a company that depends on mass media advertising to communicate its marketing
message to potential consumers is using a push strategy.
2) by 2008, the u.s. had seen its share of exports fall to almost half its share in the
1960s.
3) developing countries tend toward greater retail concentration.
4) stockholders perceive blocked earnings as contributing to the value of the firm.
5) according to porter, the characteristics of home demand are particularly important in
shaping the attributes of domestically made products and in creating pressures for
innovation and quality.
6) agreements among countries in a geographic region to reduce, and ultimately
remove, tariff and nontariff barriers to the free flow of goods, services, and factors of
production between each other is known as regional economic integration.
7) a share of stock gives its holder a claim to a firm’s profit stream and the corporation
honors this claim by paying interest to the stockholders.
8) under the bretton woods system, only the dollar, the pound, and the yen were
convertible to gold.
9) once a time draft is stamped with an acceptance, the maker can sell the draft at a
premium to its face value.
10) when a reciprocal tax treaty is in force, the firm typically pays the expatriate’s
income tax in the host country.
11) the worldwide structure tends to be adopted by firms with a low level of
diversification whose domestic structures are based on functions.
12) countries can reduce trade barriers more rapidly by entering into regional
agreements than they could by going through the wto.
13) an offset agreement occurs when a firm agrees to purchase a certain amount of
materials back from a country to which a sale is made.