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1) Limitability between alliance partners has much more to do with integration, and
limitability between acquisition members has to do with trust.
2) Desirable expatriate attributes include a positive attitude, emotional stability, and
previous international experience.
3) The current account balance consists of exports, minus imports of merchandise and
services, plus income on US assets abroad, minus payments on foreign assets in the
United States, plus unilateral government transfers and private remittances.
4) An ethnocentric approach emphasizes the norms and practices of the parent company
by relying on PCNs.
5) The crucial principle of GATT/WTO is non-discrimination, ensuring that countries
do not discriminate among its trading partners.
6) In the globalized world, entrepreneurship is growing equally in most economies.
7) The term international business always refers to business activities conducted abroad.
