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Which is not an area where multinational firms are concerned about ethics? Ba) Human rightsb) Trade regulationsc) Environmental regulationsd) CorruptionAll of the following except _D_ contribute to unethical behavior by international managers.a) Decision-making processesb) Leadershipc) Personal ethicsd) National cultureAll of the following theories advocated free trade except Da) Mercantilismb) Comparative Advantagec) Absolute Advantaged) Hecksher-OhlinWhich theory suggested that comparative advantage arises from differences in national factor endowments? Ca) mercantilismb) absolute advantagec) Heckscher-ohlind) comparative advantage Which theory suggests that as products mature the optimal production location will change? D a) Mercantilism b) Comparative Advantage c) Absolute Advantage d) Product life-cycleEconomies of scale and first mover advantages are important to which trade theory? Ca) Mercantilismb) Product life cyclec) New trade theoryd) Comparative advantage Porters diamond of competitive advantage includes all of the following except C a) Factor endowments b) Demand conditions c) First-mover advantages d) Firm strategy, structure, and rivalry _A_ refer to the nature of home demand for the industrys product or service. a) Demand conditions b) Factor endowments c) Firm strategy, structure, and rivalry d) Related and supporting industries When tariffs are levied as a fixed charge for each unit of a good imported, they are called Aa) Specific tariffsb) Ad valorem tariffsc) Tariff rate quotasd) Transit tariffs A _D_ demands that some specific fraction of a good be produced domesticallya) subsidyb) quota rentc) voluntary export requirementd) local content requirementWhich of the following is not a political argument for government intervention? Ba) protecting jobsb) protecting infant industriesc) protecting industries deemed important for national securityd) protecting consumers from “dangerous” products What is the most common political reason for trade barriers? C a) To protect infant industries b) Strategic trade policyc) To protect jobsd) To protect industries that are important for national securityWhich theory suggests that in cases where there may be important first mover advantages, governments can help firms from their countries attain these advantages? Ba) The infant industry argumentb) Strategic trade theory c) Comparative advantage theoryd) The Leontief paradoxAll of the following except _D_ are key issues on the table at the
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