Author Question: Voluntary import expansions are not voluntary at all. Indicate whether the statement is true or ... (Read 218 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?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

For a complete list of videos, visit our video library