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Author Question: _________ is the benefit a country has in a given industry if it can make products at a lower ... (Read 29 times)

danielfitts88

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on: Jul 14, 2018
_________ is the benefit a country has in a given industry if it can make products at a lower opportunity cost than other countries.
  A. Absolute advantage
 
  B. Service differentiation
 
  C. Product differentiation
 
  D. Comparative advantage
 Fill in the blank(s) with correct word

Question 2

Which of the following is a potential drawback of licensing?
 A) If quality is compromised, it may reflect poorly on the company providing the license.
  B) Licensing will provide the original producer with much foreign marketing experience.
  C) It is a relatively inexpensive way to market your product internationally.
  D) It is an extremely expensive and highly involved method of international expansion.
  E) It provides no compensation for the original company.


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Ashley I

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Reply #1 on: Jul 14, 2018
Answer to Question 1

Comparative advantage

Answer to Question 2

A


danielfitts88

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Reply #2 on: Jul 14, 2018
Correct answers!


Ashley I

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Reply #3 on: Jul 14, 2018
Great! Please up vote :D


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