Management 248

subject Type Homework Help
subject Pages 3
subject Words 506
subject Authors Charles W. L. Hill

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by placing tariffs on imported goods, governments can increase the cost of exporting
relative to foreign direct investment and licensing.
the level of output at which most plant-level scale economies are exhausted is referred
to as the minimum efficient scale of output.
antidumping policies vary drastically from country to country.
The monetary autonomy argument is supported by the advocates of fixed exchange
rates.
labor unions generally prefer it if an international business keeps highly skilled tasks in
its home country and farms out only low-skilled tasks to foreign plants.
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an unsecured bond is one that is issued against the general credit of the borrower.
a rich country improves its productivity by engaging in free trade with a poor country.
this situation supports paul samuelsons critique.
Compliance to IASB standards is mandatory for countries to engage in international
trade.
the carrying value of bonds is calculated by adding the balance of the discount on bonds
payable account to the balance in the bonds payable account.
dynamic capabilities describe skills that become more valuable over time through
learning.
incremental change rarely happens in an organization because of those whose power
may be threatened by such a change.

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