True or False

1. Antidumping laws are designed to help domestic industries that are injured by unfair competition from abroad due to products being dumped on them.

2. Companies argue that, especially for smaller firms, the start-up cost for international operations is sufficiently high to warrant some kind of government support.

3. The lower production costs resulting from greater production for an enlarged market are called external economies of scale.

4. Ever since the first national borders were formed, international business has been conducted by nations and individuals.

5. The CEO of the firm typically is responsible for beginning export activities.