All of the following represent advantages or disadvantages of partnership with a foreign firm except which one?
A) relatively low financial commitment
B) immediate access to experienced agents
C) complete control over operations
D) a lack of control over operations
C) complete control over operations
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Increases in worker productivity usually reflect policies that encourage
A. population growth. B. consumption. C. extensive government regulation of business. D. investment in physical and human capital.
"Demand" is a statement of actual purchases.
Answer the following statement true (T) or false (F)
All of the following illustrate how government can correct for positive externalities EXCEPT
A) subsidies. B) regulation. C) government financing and production. D) charging effluent fees.
Which of the following is NOT typically true of an innovation cluster?
A. Innovations decline as the cluster gets larger because the available talent is used up. B. The cluster has a pool of skilled labor that can move from one company to another. C. A major university is usually present. D. Financial sources, like venture capital firms, tend to locate in the same area.