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.Management Sciences
Category: International Factor Movements And Multinational Corporations
____ was a strategy for industrial development popular in Latin America in the 1950s 1 1960s for promoting domestic production by erecting high protective tariffs on imports of manufactured goods ?
1. export led growth
2. import substitution
3. dynamic hedging
4. countervailing duties
Multinational corporations ?
A. always produce primary goods
B. always produce manufactured goods
C. produce primary goods or manufactured goods
D. None of the above
________ refers to the price charged for products sold to a subsidiary to a multinational corporation b another subsidiary in another country?
A. marginal cost pricing
B. full cost pricing
C. price discrimination
D. transfer pricing
The migration of employable workers from low-paying nations to high-paying nations will ?
A. decrease wage rates in the low-paying nations
B. decrease productivity and real output in the world
C. increase business or capitalist incomes in the high-paying nations
D. increase business or capitalist incomes in the low-paying nations
Guest worker programs usually result in temporary migration of workers from ?
A. impoverished countries to impoverished countries
B. impoverished countries to wealthy countries
C. wealthy countries to wealthy countries
D. wealthy countries to impoverished countries
All of the following are potential advantages of an international joint venture except ?
A. sharing research and development cost among corporations
B. forestalling protectionism against imports
C. establishing work rules promoting higher labor productivity
D. operating at diseconomy-of-scale output levels
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
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
Accusations of American labor unions against U.S multinational firms include all of the following except ?
A. enjoy unfair advantage in taxation
B. export jobs by shifting technology overseas
C. export jobs by shifting investment overseas
D. operating at output levels where scale economies occur
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
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