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True or False
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1
The Heckscher-Ohlin theory states differences in production costs occur because of differences in the supply of production factors.
A)True
B)False
2
The first mover theory that states firms moving first into a market soon dominate it, has been confirmed by new research.
A)True
B)False
3
We can say international trade occurs primarily because of differences in taste, a demand variable.
A)True
B)False
4
Lowering of import duties and weakening of nontariff barriers are making it difficult for companies to locate their production activities in lower cost nations.
A)True
B)False
5
Internalization theory suggests that what an organization is good at should not be outsourced without very careful consideration.
A)True
B)False





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