14). Moving into international markets is a particularly attractive strategy to firms whose domestic markets: a. demands a differentiation strategy for success b. has developed unfriendly business attitudes towards the industry 0. is limited in opportunities for growth d. has too much regulation '15). The lower the barriers to entry and exit, the more nearly a market structure fits the market model. a) Monopolistic competition. b) Perfectly contestable. c) Oligopoly. d) Monopoly. 16). Rivalry among competing sellers increases: a. when buyer demand is growing slowly. b. as it becomes more expensive for buyers to switch brands. c. as the products of rival sellers become more strongly differentiated. d. as the number of competitors decreases. 17). A collusive agreement creates a game like the prisoners' dilemma because? a) the outcome is better than if both firms held to the agreement b) the outcome is worse than if both firms held to the agreement 0) collusion is illegal and the players will end up in jail if caught d) collusion is illegal and the players will end up with the maximum jail time 18). Governments can make policies that can help or hinder globalization. Examples of decisions that have resulted in a hindrance to globalization include all EXCEPT? a) The European Union mobilized around one cellphone standard and the U.S. another standard. b) Non~stop flights were implemented between the world's capital cities. c) Trade restrictions between China and the U.S. that were not lifted until the 19705. d) Spanish railways were purposefully made incompatible with France's railways