only deposits of a rare and sought-after mineral known as Yuksporite are found i
ID: 345386 • Letter: O
Question
only deposits of a rare and sought-after mineral known as Yuksporite are found in ussia. Since no other nation has deposits of Yuksporite, Russia has an in this mineral. A) diversified benefit C) relative internal benefit B) protected advantage D) absolute advantage 30) The largest importer in the global market today is: A) Japan. C) United States. B) Russia. D) Germany 31) An unfavorable balance of trade occurs when the value of: A) imports equals the value of exports. B) exports exceeds the value of imports. C) cash inflows is equal to the value of cash outflows. D) imports exceeds the value of exports. 32) is the practice of selling a product in foreign countries for a lower pric the good is sold in the producing country. A) Deflating C) Dumping B) Inflating D) Countertrading 33) The fee paid to a firm in a licensing agreement that gives another firm the right to manufacture their product or use its trademark is called: A) a joint venture. C) a royalty B) an outsource agreement. D) a licensee. 34) Considering the potential impact on others prior to making a decision is consister behavior A) self-motivated C) anti-social B) ethical D) legal 35) Which of the following questions will help individuals and organizations when if their decisions are ethical? A) Has it been done before? B) Is there a desirable alternative? C) Can I do this without getting caught? D) Is it balanced? 36) Business relationships often present ethical dilemmas that are: A) not easily resolved. B) best resolved by creating a win-lose situation. C) easily resolved by following the relevant laws. D) irrelevant and therefore require no action.Explanation / Answer
Absolute advantage
United States
Import exceeds the value of Exports.
Dumping
A licensee
Ethical
Is it balanced?
Not easily resolved
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