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1.) In Porter's theory of National Competitive Advantage, Demand for US' competitive advantage means: Demand in US Demand in foreign countries Demand in China, Japan,

1.) In Porter's theory of National Competitive Advantage, "Demand" for US' competitive advantage means:

Demand in US

Demand in foreign countries

Demand in China, Japan, and EU

2.) In this government tool to protect its market, "EU decided that Mr. Spock is not a human. Thus, EU applies tariff on Mr. Spock dolls from China."

tariff

import quota

VER

Tariff Rate Quota

Local Content Requirement

Anti-dumping

Administrative Trade Policies

3.) EU at least satisfies the Common Market condition. True or False?

True

False

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