UNC Conboy

An supranationalist shift theory, grounded In the work of Adam Smith and David Richard, that focuses on the Importance of comparative prefer obtained through differences in natural or acquired economic advantages is referred to as a. spotless slew theory b. Factor proportion theory c. Product emotional state cycle theory d. Competitive advantage theory 2. Paul Germans realist position embraces which of the following conclusions a. Countries get by with each other much like companies compete with each other ND must therefore engage in similar strategic behaviors b.Government interpolation in the market Is often crucial due to imperfections that allow for the formation of monopolies and oligopolies In lucrative Industry segments c. economical growth In one country must come at the expense of economic growth in another, therefore countries must comfort domestic Industry in many instances d. Market imperfections due in fact exist, but the prospects for improving the situatio n through strategic address policy is overstated by those in favor of government intervention 3.Cluster theory suggests that companies obtain resources as a settlement of geographic law of proximity to other related and certificatory Industries in the main as a result of a. Information spillovers b. Lower shipping cost c. Region specific subsidies d. get to to a common labor pools 4. A theory of Internationalization, observed In the wine Industry In the assigned readings, that focuses on the development of relationships mingled with producers, suppliers, competitors, and government to obtain information and resources necessary to complete globally is referred to as a. Pascal gravel b. Network model .Innovation model d. Leverage model 5. Michael Porters Diamond Model focuses on all of the following, EXCEPT a. The Importance of International arguing to drive technological Innovation b. C. Sophisticated domestic motive that encourages new product and service development d. Th e presence of related and supportive industries in the domestic market 6. Mercantilism refers to policies and practices designed to a. Encourage international trade through the creation of innovative products and services b. Remove regulatory and economic barriers to international competition c.Create a trade surplus by subsidizing domestic firms and limiting foreign competition d. Discourage all international trade to promote national independence and self- sufficiency 7. An international trade theory, grounded in the work of Wassail Limonite, that focuses on trade cycles emerging from output 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 consider governments should support mommies industries by engaging in which of the following activities a.Subordination of industries of national splendor to improve their competit ive position b. Imposition of barriers to prevent foreign competitors from move into domestic markets c. Provision of supportive public infrastructure and education need 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 investing in research and development to encourage innovation b.Intense price competition designed to bring down the cost of products and services c. Transportation costs associated with bringing goods and services to market d. Interactions between geographic concentrations of interconnected companies 10. The racing shell study of wine clusters indicates that firms in this industry located in two Brazil and France have effectively leveraged which of the following cluster resources to facilitate the internationalisation process a. Affordable input costs b. Regional reputation and culture c. Manufacturi ng expertise d. Labor spillovers