All of the following are potential advantages of an international joint venture except ?

Related Mcqs:

The market power effect of an international joint venture can lead to welfare losses for the domestic economy unless offset by cost reductions. Which type of cost reduction would not lead to offsetting welfare gains for the overall economy ?

A. R&D generating welfare improved technology B. development of more productive machinery C. new work rules promoting workers efficiency D. lower wages extracted from workers...

The migration of employable workers from low-paying nations to high-paying nations tends to decrease ?

A. total wage income in the world B. wage disparities C. business or capitalist income in the world D. the productivity of labor...

Firms undertake multinational operations in order to ?

A. hire low-income workers B. manufacture in nations they have difficult exporting to C. obtain necessary factor inputs D. All of the above...

International joint ventures can lead to welfare losses when the newly established firm ?

A. adds to the pre-existing productive capacity B. enters markets neither parent could have entered individually C. yields cost reductions unavailable to parent firms D. gives rise to increased amounts of market power...

The migrations of electricians from low-paying nations to high-paying nations is most likely to be challenged by ?

A. electrician unions in the high-paying nations B. electrician unions in the low paying nations C. electrician employers in the high-paying nations D. electricians who stay in the low paying nations...