45) Which of the following statements about individualism is true? A) Individualism promotes state ownership of the basic means of production. distribution, and exchange. B) Individualism advocates for a democratic political system. C) Individualism promotes globalization. D) Individualism creates an anti-business environment. 46) By identifying and investing early in a potential future economic star, international and gain experience in that country's business practices. firms can A) learn which government officials need to receive kickbacks B) build brand loyalty C) begin to stockpile that country's currency D) build infrastructure 47) While the hump-shaped relationship between income levels and pollution levels seems to hold across a wide range of pollutants, A) sulfur dioxide emissions C) water quality standards 48) The production possibility frontier will be is observed. A) a straight line C) logarithmic represent an important exception. B) lead concentrations D) carbon dioxide emissions A) subsidies B) specific tariffs C) infant industries D) globally dispersed production systems if constant return to specialization B) parabolic D) convex 49) After the United States, the second-largest source country of MNEs is: A) Japan. B) a tie between Germany and the United Kingdom. C) China. D) a tie between France and the United Kingdom. 50) Many firms, of all national origins, increasingly depend on competitive advantage. for their B) internalization theory D) eclectic paradigm 52) Which of the following are more conducive to economic growth? A) Totalitarian regimes C) Dictatorships 45) B) Democratic regimes D) Benevolent monarchies 46) 47) 48) 51) The and Knickerbocker's theory of FDI tend to be less useful from a business 51)_ perspective because they are descriptive rather than analytical. A) noninterventionist theory C) product life-cycle theory 49) 50) 52)