Author Question: Voluntary import expansions are not voluntary at all. Indicate whether the statement is true or ... (Read 69 times)

awywial

  • Hero Member
  • *****
  • Posts: 577
Voluntary import expansions are not voluntary at all.
 
 Indicate whether the statement is true or false

Question 2

The location of production facilities determines the extent to which a company can control costs and price the products competitively.
 
 Indicate whether the statement is true or false



steff9894

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

T
Voluntary import expansions are not voluntary at all. A country agrees to import products as a result of pressure from another country. An example of voluntary import expansion is Japan's decision to avert U.S. imposed trade sanctions by importing U.S. semiconductors.

Answer to Question 2

T
The location of production facilities determines the extent to which a company can control costs and price the products competitively. Multinationals can usually afford to shift production in order to take advantage of lower costs and exchange rates.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

For a complete list of videos, visit our video library