International trade forces domestic firms to become more competitive in terms of

Related MCQs

• _______________ occurs when trade shifts to countries in the group at the expense of trade with countries not in the group, even though the nonmember country might be more efficient in the absence of trade barriers.
• _______ theory states that, lack of resources often helps countries to become competitive
• ________theory states that, lack of resources often helps countries to become competitive
• The following factor does not differentiate international business from domestic business
• The following factor does not differentiate international business from domestic business
• Porter suggests the following reasons for one nation being more competitive than another
• International Trade is most likely to generate short-term unemployment in:
• What was the first economic theory of international trade to be developed?
• The movement to free international trade is most likely to generate short-term unemployment in which industries
• ……………...is the payment method most often used in International Trade which offers the exporter best assurance of being paid for the products sold internationally.