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Question
If Ecuador has an absolute advantage in coffee and Argentina in wheat, then, according to trade theory:
A. Ecuador should focus production on coffee and trade for wheat.
B. Ecuador would do well to produce its own coffee rather than import it from Bolivia.
C. Argentina should focus on producing wheat and trade for coffee.
D. all of the above.
E. two of A, B, and C.
Answer
This answer is hidden. It contains 27 characters.
Related questions
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A. is enhanced by a company's use of computer-aided manufacturing systems to produce and deliver products and services in a batch size of one.
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When a new plant can be built that is a duplicate of others already functioning:
A. labor trainers experienced in the operation of the machinery can be sent to the new locations without undergoing any training.
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Whether the functional currency is local or the parent company's currency, owner's equity is always translated at:
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B. the rate in effect the day of the consolidation.
C. the rate in effect the day of the journal entry.
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A. currencies at specified rates at specified times in the future.
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Please provide an overview of the major issues a compensation package for expatriates should address.
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A. will never get to the top because they take time-out for children.
B. are more likely than men to succeed if they quit the company and start their own businesses.
C. have been remarkably successful in international assignments, which does not seem to be related to gender.
D. are less likely than men to succeed in international assignments.
E. two of the above.
Q:
With regard to the use of women versus men for expat management assignments:
A. few qualified women candidates are available.
B. few women candidates are accepting assignments and enjoying the experience.
C. those women who go into expatriate positions tend to do well. The hurdle is in getting the assignment.
D. the women expatriates are making more money than their male counterparts.
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Generalizations about TCNs are difficult because:
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B. the geocentric staffing policy prohibits these generalizations.
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A. may accept lower wages and benefits.
B. may come from a culture similar to that of the host country.
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E. two of A, B, and D.
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Home-country nationals may be used in host-country management because:
A. all of B, C, and D.
B. host-country nationals are unavailable.
C. home-country nationals are being groomed for IC headquarters.
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A. involves human resource policies that are created at the local level for the specific context in which the local operations operate.
B. may send TCNs to fill management posts, to avoid problems from using PCNs or HCNs.
C. selects the best person for each job, without considering national origin.
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A. involves human resource policies that are created at the local level for the specific context in which the local operations operate.
B. results in the company hiring local managers who are familiar with the home country of the IC and with its corporate culture, policies, and practices.
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D. two of the above.
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As international companies increasingly take the geocentric view, we can be certain to see less use of third-country nationals.