Which of the following should most likely be considered in making ...

[Engineer]

Which of the following should most likely be considered in making the decision to outsource Echo value-chain activities?
 
  A) What are the long-term strategic goals and objectives of Echo?
  B) Would Echo engineers be willing to relocate to a foreign nation?
  C) How many of Echo's competitors outsource business activities?
  D) Can Echo find employees for a customer service center in the U.S.?

Question 2

Which of the following is most likely a potential benefit of Echo globally sourcing some of its value-chain functions?
 
  A) heightened communications awareness
  B) increased activity in e-commerce sales
  C) strong intellectual property protection
  D) improved manufacturing productivity

Question 3

In a short essay, describe the two leading theories of international trade and investment. What do economists and scholars hope to learn from an analysis of international trade and investment?
 
  What will be an ideal response?

[todom5090]

Answer to Question 1

A

Answer to Question 2

Saved me massive time.

Answer to Question 3

Two theories exist regarding international trade and investment. The first group includes nation-level theories. These are classical theories that have been advocated primarily since the 18th century. The second group includes firm-level theories. These are more contemporary theories of how firms can create and sustain superior market position.

Economists, managers, and academic scholars have offered both classical and contemporary theories in hopes of determining the economic rationale for international trade and investment. They debate why nations should promote trade and investment with other nations and also how nations create and sustain comparative advantage.