Question 6 (2 points) According to Dunning (1988) which one of the following is not considered a location advantage of FDI 1) The host has large market 2) The host has cheap labor or other resource. 3) The host has technology that the multinational enterprise wants to source. 4) The host can be used as a strategic export platform. 5) Patents, trade secrets, reputation, and managerial skills the multinational enterprise possesses, Question 20 (2 points) Based on one of the offshoring article you read for this class, the second industrial revolutions involved 1) A shift from agriculture to manufacturing 2) A shift from dependence from tariff revenue to income taxes 3) From manufacturing to service jobs 4) None of the above Question 37 (2 points) Multinationals conduct horizontal FDI to 30 1) Exploit their monopoly power 33 O2) Exploit economies of scale 36 3) Get around trade restrictions (market access) 39 Unsaved 4) Avoid costs of transporting goods they export (to lower trade costs) 5) All of the above 42