1) NAFTA, a free trade agreement between Canada, Mexico, and the United States,
secured Mexico a preferential treatment for 80% of its exports.
2) National competitive advantage of industries is the most recent, most complex, and
most realistic among various theories.
3) Compare and contrast the strengths and weaknesses of the cluster approach and the
dimensions approach.
4) An important source of transaction cost is opportunism, defined as seeking
self-interest with guile.
5) The free market approach is responsible for much of the rapid internationalizing and
globalization of many multinational enterprises (MNEs).
6) Cultural values and norms are examples of informal institutions.
7) Indian innovation can reduce the price of US software exports and curtail the wage
of the US IT worker.
8) Since integration within alliances is usually not as tight as acquisitions, antitrust
authorities have a higher likelihood of approving alliances.
9) A localization strategy is best adopted when an MNE is willing to give full attention
to foreign market adaptation and there are minimal pressures to keep cost low.