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2 Jul 2019
Question 8
An international trade agreement results in trade diversion occurs when
it results in switching of imports from a low-cost source to a high-cost source.
it results in switching of imports from a high-cost source to a low-cost source.
it results in switching of imports from a developed country to a developing country.
it results in switching of exports to a country that is too far away.
10 points
Question 9
An investment by a firm in a previous stage of its value chain in a foreign country is called:
Forward vertical FDI.
Backward vertical FDI.
Horizontal FDI.
Common cause exports.
Question 8
An international trade agreement results in trade diversion occurs when
| it results in switching of imports from a low-cost source to a high-cost source. | ||
| it results in switching of imports from a high-cost source to a low-cost source. | ||
| it results in switching of imports from a developed country to a developing country. | ||
| it results in switching of exports to a country that is too far away. |
10 points
Question 9
An investment by a firm in a previous stage of its value chain in a foreign country is called:
| Forward vertical FDI. | ||
| Backward vertical FDI. | ||
| Horizontal FDI. | ||
| Common cause exports. |
Collen VonLv2
3 Jul 2019
Related textbook solutions
Related questions
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