Unlock document.
This document is partially blurred.
Unlock all pages and 1 million more documents.
Get Access
1) from a profit perspective, it makes sense for a firm to disperse its productive
activities to those countries where, according to the theory of international trade, they
can be performed most efficiently.
2) the most attractive staffing policy is the ethnocentric approach.
3) the balance sheet is the main instrument of financial control.
4) a debt loan requires a corporation to repay a predetermined portion of the loan
amount at regular intervals regardless of how much profit it is making.
5) according to forecasts, a further relative decline in the share of world output and
world exports accounted for by the united states and other long-established developed
nations is unlikely.
6) new trade theory stresses that in some cases countries specialize in the production
and export of particular products not because of underlying differences in factor
endowments, but because in certain industries the world market can only support a
limited number of firms.
