On which of the following grounds are multinational corporations (MNCS) often criticized by antiglobalization activists? Multiple Choice They increase unemployment in the host country. They bring in technology that is unknown to the host country They use the capital-intensive mode of production. They are liable to pay the taxes levied by the government of the host country. They misuse and misallocate scarce resources

True or false? The European Union seeks to reduce its regional economic disparities by having wealthy regions provide economic subsidies and loans to poorer regions.

What are the two opposing forces that multinational companies have to face when competing around the globe? Discuss how demand conditions within Porter's diamond framework affect national competitive advantage. Using the automotive industry in Germany as an example, explain how competitive intensity in a focal industry affects national competitive advantage. What is meant by cultural distance? How does it affect a firm? Use a real-life example of a business affected by cultural difference. The example can be from your everyday life, or it can be something you have read or heard about.

You're the CEO of a small company traveling to another country (assume a country of your choice) to complete a business deal with a foreign company.  Your plane landed there on time, you're feeling fine, and everything seems to be going well.  The cab driver, who doesn't speak much English, understood where you needed to go and started driving.  He starts to listen to a Justin Bieber song and asks you in broken English what type of music you like.  As your cab enters the hotel, you notice a McDonald's restaurant across the street with familiar golden arches.  You check-in with your credit card, call your spouse from your iPhone and exchange some dollars at the money exchange place at the lobby of the hotel.  You then get some take-out food from the McDonald's since you'll get plenty of opportunities to dine in local restaurants later on. When returning to your hotel room, you wonder why the instructor at the culture training class asked you to be careful about cultural differences when…

Answer the following question.

Which of the following are benefits of "a cluster of firms?" Check ALL that apply.    knowledge spillovers generalized suppliers reduced periods of unemployment collusion vertically integrated firms specialized suppliers protection of intellectual property

Which of the following is an example of a traditional economy?         The majority of people in Country B work in factories under very poor conditions for little pay.         The population of Country D is involved in a wide array of professions, including agriculture, service industries, technology, and manufacturing.         Country A relies on oil for most of its national income.         The vast majority of people in Country C are involved in hunting and fishing, though there are some farmers too. There are also some artisans who create basic products and services, which they trade to farmers in exchange for food.

From 1980 to 2010, China achieved a rapid increase in per capita Real GDP by:     lowering its tariff rates     actively pursuing international trade     Both of the above     Neither of the above

To focus on producing one thing to improve productivity is known as: a) International trade b) Supply and Demand c) Absolute Advantage d) Specialization

Which (if any) of these statements are correct?   Empirical results show that trade between two partners     tends to be higher among partners who share a language.     tends to be higher if there is a physical or administrative border between the partners.     tends to be higher if the two partners are in the same customs union.     tends to be higher if the two partners do not share colonial history.