题目内容

When higher cost suppliers within the free trade area replace lower cost external suppliers there is trade diversion. ( )

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Which of the following is not a cost of outward FDI for home countries?()

A. the initial capital outflow required to finance the FDI
B. when FDI is a substitute for direct exports
C. gains from learning valuable skills from foreign markets
D. the effect on employment when FDI is a substitute for domestic production

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____ refers to the time and effort spent learning the rules of a new market.

A. First mover advantages
B. Strategic commitments
C. Pioneering costs
D. Market entry costs

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____ is the ultimate decision making body of the European Union.

A. European Council
B. European Parliament
Court of Justice
D. European Commission

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____ is found in states where political power is monopolized by a party according to religious principles.

A. tribal totalitarianism
B. right-wing totalitarianism
C. theocratic totalitarianism
D. communist totalitarianism

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