Author Question: Voluntary import expansions are not voluntary at all. Indicate whether the statement is true or ... (Read 219 times)

awywial

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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

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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.



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