21- In class we limited our review of the classical and modern theories of trading internationally to Mercantilism and Product Life Cycle, AND used an intellectual property life cycle as an example.

True

False

22- FDI and FPI both relate to equity, but FPI includes control.

True

False

23- Tariff barriers place limitations on the quantity of imported goods.

True

False

24- When we think of management control rights in the context of moving from home-to-host the terms FDI, Equity, and Acquire are interrelated.

True

False

25- A firm that engages only in export and FPI is considered a multi-national enterprise (MNE).

True

False