International Business

QUESTION 63 Which of the following is true? a. Punitive trade sanctions do not exist against countries that violate international rules and laws. b. There is no place for politics in trade. c. The US Treasury is concerned by the lack of progress in reducing China's bilateral trade surplus. d. Illegal subsidies are a myth. QUESTION 64 Establishing a new operation in a country is known as a, a red ocean strategy b.a greenfield investment O can acquisition move d. a blue ocean strategy QUESTION 61 The impact of a Foreign Direct Investment inflow will a. increase competition Ob.have an ambiguous affect on c. decrease O d. decimate QUESTION 62 For trade partners the Product Life Cycle theory explains trade flows between two developed countries. True False