Unlock document.
This document is partially blurred.
Unlock all pages and 1 million more documents.
Get Access
89.
Regarding the value of the outstanding stock of foreign direct investment, which of the
following is not true?
90.
Regarding the annual outflows of foreign direct investment, which of the following is not
true?
91.
Regarding the annual outflows of foreign direct investment, which of the following is not
true?
92.
Regarding annual inflows of FDI, which of the following statements is incorrect?
93.
Regarding annual inflows of FDI, which of the following statements is incorrect?
94.
Regarding economic and social development
95.
Regarding economic and social development
96.
Regarding foreign direct investment and trade
97.
The establishment of new facilities from the ground up is known as
98.
The purchase of an existing business in another nation is known as a(an)
99.
The monopolistic advantage theory suggests that firms in oligopolistic industries are likely
to _______________ foreign direct investment when they have technical and other
advantages over indigenous firms.
100.
The monopolistic advantage theory states that
101.
An industry that has a limited number of competing firms, such as the U.S. mobile phone
market in which four firms controlled 98 percent of the market in 2014, is known as
102.
The theory suggesting that rivalry between firms in an oligopolistic industry will result in
firms closely following and imitating each other's international investments in order to
keep a competitor from gaining an advantage is known as
103.
The theory that to obtain a higher return on its investment, a firm will transfer its superior
knowledge to a foreign subsidiary that it controls, rather than sell it in the open market is
known as
104.
The theory that for a firm to successfully invest overseas, it must have not only ownership
of unique knowledge or resources, but also the ability to dynamically create, sustain, and
exploit these capabilities over time, is known as
105.
Dunning's eclectic theory of international production states that if a firm is going to invest
in production facilities abroad, it must have the following kinds of advantages:
Fill in the Blank Questions
106.
In 2013, trade in ____________ reached a total of $18.8 trillion worldwide.
107.
In 2013, trade in ____________ reached a total of $4.6 trillion worldwide.
108.
Nearly ______ percent of global output is now destined for international trade.
109.
______ was the country that exported the highest total value of merchandise exports in
2013.
110.
______ was the country that exported the highest total value of service exports in 2013.
111.
Illustrating the regionalization of trade, approximately half of the exports from North
American nations in 2014 went to _____________.
112.
The country that imported the highest total value of goods from the United States in 2013
was _____________.
113.
The amount by which the value of imports into a nation exceeds the value of its exports is
known as the country's _____________.
114.
The amount by which the value of a nation's exports exceed the value of its imports is
known as the country's ___________.
115.
___________ is an economic philosophy based on the belief that (1) a nation's wealth
depends on accumulated treasure, usually precious metals such as gold and silver, and (2)
to increase wealth, government policies should promote exports and discourage imports.
116.
___________ refers to a nation's ability to produce more of a good or service than another
country for the same or lower cost of inputs.
117.
__________ is a market situation in which there is a sufficiently large number of well-
informed buyers and sellers of a homogeneous product such that no individual participant
has enough power to determine the price of the product, resulting in a marketplace that is
efficient in production and allocation of products.
118.
_________ is a term used to describe the situation where a nation decides to use its
resources to produce only the product in which it has an absolute advantage.
