The theories of comparative advantage and absolute advantage assume that countries are driven only by the maximization of production and consumption.
Indicate whether the statement is true or false
Question 2
Describe the variables used to identify the best markets for FDI entry. Which countries are popular for FDI entry? Why are they popular?
What will be an ideal response?
Question 3
A ________ is one or more resources or capabilities a company possesses that few other firms have.
A) factor endowment
B) country-specific advantage
C) comparative advantage
D) monopolistic advantage