Business: When one group- for example workers in a factory

Business: When one group- for example workers in a factory

Subject: Business    / General Business
Question
1. 2. 3. 4. 5. 6. 7. 8. 9. When one group- for example workers in a factory that would
close if trade were liberalized- has potential losses from trade
liberalization that are large and easy measure
A. The group is typically smaller than the population who would
gain from trade liberalization
B. The group will find it relatively easy to lobby for the policies
it wants
C. The group’s potential losses are probably smaller- in totalthan the amount everyone else would gain if trade were
liberalized
D. The group’s efforts at lobbying for trade protection will be
more successful than efforts made by the wider population,
to lobby for trade liberalization
E. All of above.
Compared to China, India’s economy is much smaller but
growing faster
A. Ture
B. False
corruption is a problem US firms would encounter choosing
either China or India as FDI locations
A. Ture
B. False
FDI in the form of merges and acquisitions is likely to have a
larger positive employment effect on the host country than
other form of FDI
A. Ture
B. False
A key advantage of M&A(mergers and acquisition) versus a
green field investment as a form of FDI is that M&A gives firms
greater control over their operation
A. Ture
B. False
The hockey stick of human prosperity shows the rise in human’s
standard of living plotted over time
A. Ture
B. False
if a labor-intensive country liberalizes trade which a capitalintensive country, wages in labor- intensive industries will fall in
the capital-intensive country
A. Ture
B. False
the state of New Jersey is famous for producing blueberries,
which are sometimes exported to the country of Miquelon
A. Local content requirements
B. Voluntary export restraints
C. Administrative protection
D. Antidumping
E. None of the above
specialization- which began to spread rapidly around the time of Adam Smith- has allowed people and societies to do all of the
following except
A. Benefit from consuming things other people make
B. Benefit from larger markets which come about through trade
C. Benefit from marking most of what we consume
D. Benefit from innovations that arise as a result of
specialization
10. you work in the marketing department of Chinese manufacture
of truck times. Your are meeting to discuss the company’s
pricing strategy for tires
A. Curtailment
B. Antidumping
C. Reciprocity
D. Sanctions
E. None of the answer are correct