Example of demand conditions of home-country advantage

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Reference no: EM132224617

1. Which of the following is not a reason for the rise in regional expansion?

decreasing national trade restrictions

increase in the number of local customers

decreasing value of local taxes and tariffs

decrease in the number of trading blocs and free trade zones

2. Which of the following is an example of demand conditions of home-country advantage?

Nokia invested in cellular phones in developing nations based on the increased demand for the product in Finland.

Switzerland's technical dye industry largely contributes to the success of its pharmaceutical industry.

Italy's ceramic industry boomed after World War II owing to low barriers to entry in the market.

The construction of national highways in the United States paved the way for the increase in the use of automobiles in the country.

3. Elements of a multidomestic strategy may facilitate the competitive advantage of _________ by decreasing shipping and transportation costs inherent in local production.

decentralization

homogeneity

uniformity

centralization

4. ?Men and women must be paid the same wage when they are doing equal jobs is required under the

A) ?Labor Management Relations Act.

B) ?Fair Labor Standards Act.

C) ?Equal Pay Act.

D) ?National Labor Relations Act.

Reference no: EM132224617

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