题目内容

____ is the ability of a firm/industry, under free and fair market conditions, to design, produce, and market goods and services that are better and /or cheaper than those of other firms /industries.

A. Competitiveness
B. Protectionism
Comparative advantage
D. Absolute advantage

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A firm's ____, relative to that of other firms, is generally regarded as the most important determinant of competitiveness.

A. Income level
B. Tastes and preferences
C. Governmental regulation
D. Productivity

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Free traders maintain that an open economy is advantageous in that it provides all of the following except:

A. Increased competition for world producers
B. A wider selection of products for consumers
C. The utilization of the most efficient production methods
D. Relatively high wage levels for all domestic workers

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Humanrightsactivistscontendthatthisorganizationsupportsgovernmentsthatpermitsweatshops:

A. TheInternationalOrganizationforStandardization
B. TheInternationalMonetaryFund
C. TheWorldHealthOrganization
D. Allofthese

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For a nation to maximize its productivity in a global economy:

A. Only imports are necessary
B. Only exports are necessary
C. Both imports and exports are necessary
D. Neither imports nor exports are necessary

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____ is the ability of a firm/industry, under free and fair market conditions, to design, produce, and market goods and services that are better and /or cheaper than those of other firms /industries.

A. Competitiveness B. Protectionism Comparative advantage D. Absolute advantage

A firm's ____, relative to that of other firms, is generally regarded as the most important determinant of competitiveness.

Free traders maintain that an open economy is advantageous in that it provides all of the following except:

Humanrightsactivistscontendthatthisorganizationsupportsgovernmentsthatpermitsweatshops:

For a nation to maximize its productivity in a global economy:

A. Competitiveness
B. Protectionism
Comparative advantage
D. Absolute advantage