11 Which of the following refers to associations of producers that control supply and prices? O a. Trade alliances O b. Multinational firms O c.Independent agencies O d. Cartels O e. Trade monopolies 12 Which of the following provides exclusive rights to produce a product for another firm, thereby avoiding transportation costs and tariffs? O a. Strategic alliance O b. Independent agent O . Foreign direct investment O d. Branch office O e. Licensing arrangement

11 Which of the following refers to associations of producers that control supply and prices? O a. Trade alliances O b. Multinational firms O c.Independent agencies O d. Cartels O e. Trade monopolies 12 Which of the following provides exclusive rights to produce a product for another firm, thereby avoiding transportation costs and tariffs? O a. Strategic alliance O b. Independent agent O . Foreign direct investment O d. Branch office O e. Licensing arrangement

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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