A.national differences
B.regional development
C.global markets
D.international markets
第1题
Regional economic integration refers to agreements among countries in a geographic region to reduce and ultimately remove tariff and nontariff barriers to the free flow of ________ between each other.
A.factors of production
B.goods
C.services
D.resources
第2题
Factor endowments refer to a country’s endowments with resources such as __________.
A.land
B.labor
C.location
D.capital
第3题
Trade creation refers to trade created due to_______, occurs when high-cost domestic producers are replaced by low-cost foreign producers in a free trade area.
A.foreign direct investment
B.globalization of markets
C.globalization of production
D.regional economic integration
第4题
Greenfield investment is to establish a_______ in a foreign country.
A.existent business
B.new operation
C.new branch
D.new office
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