Referring to Figure 2.2, Canada has a comparative advantage in
a. televisions.
b. refrigerators.
c. televisions and refrigerators.
d. neither televisions nor refrigerators.
b. refrigerators.
You might also like to view...
When Chevrolet marketed its products as being as American as apple pie and hot dogs, the approach was product class positioning
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. During a manager's meeting, Paula, a district manager, discussed how to handle sensitive employee issues and indicated correctly that management is really just an art. 2. Jeffrey Pfeffer and Robert Sutton believed that evidence-based management is founded on the belief that facing the hard facts about what works and accepting the nonsense that passes for sound advice will help organizations perform better. 3. Peter Drucker was a 20th-century socialist, opposed capitalism and believed that managers were more of a hindrance than a help to most organizations. 4. Ali, a CEO of a large IT organization, understands that many challenges are coming in his industry; therefore, he tells his upper-level management that it's helpful to look at theoretical perspectives of management to help make predictions and develop principles to guide future company strategies and actions. 5. Susan, a department manager, believes that ever since the corporate office eliminated certain benefits to reduce costs, her employees have not been working as hard as in the past. This reduction in effort is known as "soldiering."
Exhibit 14-14 Marley, Inc sold $500,000 of its ten-year 8% bonds at 96 on January 1, 2014. Interest is paid each January 1 and July 1 and straight-line amortization is used. Each $1,000 bond is convertible into 100 shares of $10 par common stock. One-half of the bonds were converted on January 1, 2019, when the market value of the stock was $14 per share. ? Refer to Exhibit 14-14. The entry to
record the conversion using the book value method would include a A) debit to Loss on Conversion for $5,000. B) debit to Retained Earnings for $5,000. C) debit to Discount on Bonds Payable for $5,000. D) credit to Additional Paid-in Capital from Bond Conversion for $5,000.
International business differs from domestic business in that a firm operating across borders must deal with
A. all three of the domestic environment, the foreign environment, and the global environment. B. all three of the international environment, the domestic environment, and the foreign environment. C. the foreign environment and the international environment. D. the international environment. E. two of the international environment, the domestic environment, and the global environment.