15. Which of the following is correct?

a) None of the Available Options

b) A firm having ownership advantage implies the ability to manage its competitive position in foreign countries by being able to control its entire value chain.

c) Ownership advantage arises from transferring and managing ownership advantages within their own organization from the home country to the host country.

d) All of the Available Options

16. Which one of the following is true regarding the WTO?

a) Regulation of subsidies on agricultural products is one of the functions of the WTO

b) No agreement can be done within the WTO unless all the voting members vote yes.

c) All Available Options

d) The WTO was created in 1948 whose original members include the US and China.

17. Which of the following is considered true?

a) A conglomerate FDI is strategy that acquires an unrelated business in a host country in order manage its value chain in that location.

b) Platform FDI allows a firm to move upstream or downstream at different value chain stages in order to overcome foreign liability.

c) Horizontal FDI is a strategy that focuses on how to scale FDI effectively when locations are uniquely different from each other.

d) All of the Available Options