UNC Conboy

An multi discipline foxiness conjecture, grounded In the treat of go Smith and David Richard, that focuses on the vastness of relative advantage obtained through and through differences in born(p) or acquired economic advantages is referred to as a. neoclassical trade possibility b. Factor coincidence possibleness c. Product life wheel theory d. Competitive advantage theory 2. Paul Germans realist perspective embraces which of the undermentioned conclusions a. Countries compete with each other much the likes of companies compete with each other ND must therefore engage in similar strategic behaviors b.Government intervention in the market Is often essential overdue to imperfections that allow for the formation of monopolies and oligopolies In stipendiary Industry segments c. Economic egress In one country must get along with at the expense of economic growth in another, therefore countries must entertain domestic Industry in some(prenominal) instances d. Market i mperfections due in occurrence exist, but the prospects for improving the situation through strategic trade policy is hyperbolize by those in favor of political science intervention 3.Cluster theory suggests that companies obtain resources as a result of geographic proximity to other related and realiseive Industries in general as a result of a. instruction spillovers b. Lower shipping costs c. piece specific subsidies d. Access to a crude labor pools 4. A theory of Internationalization, notice In the wine Industry In the assigned readings, that focuses on the maturement of relationships betwixt producers, suppliers, competitors, and government to obtain information and resources requisite to complete globally is referred to as a. daddy mystify b. Network model .Innovation model d. Leverage model 5. Michael Porters baseball field archetype focuses on all of the following, EXCEPT a. The Importance of International disputation to drive technical Innovation b. C. Sophis ticated domestic submit that assists new product and service development d. The presence of related and supportive industries in the domestic market 6. Mercantilism refers to policies and practices knowing to a. Encourage international trade through the creation of innovative products and service b. gain regulatory and economic barriers to international controversy c.Create a trade surplus by subsidizing domestic firms and limiting outside competition d. Discourage all international trade to promote national independence and self- adequateness 7. An international trade theory, grounded in the work of Wassail Limonite, that focuses on trade cycles emerge from production initially by a parent company, then by a foreign subsidiary, and ultimately by foreign competitors is referred to as a. Classical trade theory d. Competitive advantage theory 8. Advocates of Porters Diamond Model believe governments should support mommies industries by engaging in which of the following activi ties a.Subordination of industries of national importance to improve their rivalrous do b. Imposition of barriers to prevent foreign competitors from accounting entry domestic markets c. Provision of supportive national infrastructure and education needed to support emerging industries d. The government should play no role in supporting or developing domestic industries 9. Cluster theory focuses primarily on the creation of competitive advantage through a. Ongoing coronation in research and development to encourage innovation b.Intense price competition intentional to bring down the cost of products and operate c. Transportation costs associated with bringing goods and services to market d. Interactions between geographic concentrations of link up companies 10. The case study of wine clusters indicates that firms in this industry located in twain Brazil and France have effectively leveraged which of the following cluster resources to facilitate the internationalization dis h a. Affordable input costs b. regional reputation and culture c. Manufacturing expertise d. sedulousness spillovers