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1) jobs created in local suppliers as a result of the mne's investment and jobs created
because of increased local spending by employees of the mne are examples of direct
employment effects of fdi.
2) pricing decisions around the world must be delegated to the managers of various
national subsidiaries.
3) according to wto data, the volume of world merchandise trade has grown faster than
the world economy since 1950.
4) factor endowments lie at the center of the heckscher-ohlin theory.
5) a global standardization strategy is well suited to firms with a worldwide area
structure.
6) according to porter, the way to create superior value is to drive down the cost
structure of the business and/or differentiate the product in some way so that consumers
value it more and are prepared to pay a premium price.
7) the most global markets currently are markets for industrial goods and materials that
serve a universal need the world over.
8) judges under a civil law system have less flexibility than those under a common law
system.
9) large revenue and profit opportunities are typically available in foreign markets.
