Author Question: Rules and laws that impose larger operating costs on foreign firms than on local competitors, that ... (Read 95 times)

EAugust · **on:** Jun 29, 2018

Rules and laws that impose larger operating costs on foreign firms than on local competitors, that provide subsidies to local firms only, or that deny competitive opportunities to foreign suppliers are known as regulatory practices.

Indicate whether the statement is true or false

Question 2

There is an incentive, at least in the short run, for suppliers to be inefficient in cost-based contracts because they are rewarded with higher prices.
a. True
b. False
Indicate whether the statement is true or false