Examtests with the 2nd edition of Organizational Behavior by Neck et al.
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Which of the following statements regarding multinational activity is correct?
If a country exports the good that it can produce at a low opportunity cost and imports those goods that it would otherwise produce at a high opportunity cost, we say that such trade is based on:
the theory of absolute advantage.
the arbitrage pricing theory.
theory of factor
1. D
2. A
3. B
4. B
5. B
6. C
7. D
8. B
9. A
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