Montemyr Crossword
                                                    
                                                    
                                                    
                                                    
                                                    
                                                    
                                                    
                                                    
                                                    
                                                    
                                                    
                                                    
                                                    
                                                    
                                                    
                                                    
                                                    
                                                    
                                                    
                                                    
                                                    
                                                    
                                                    
                                                    
                                                    
                                                    
                                                    
                                                    
 
 
Down: 1) The absence of trade.2) focuses on three advantages that a company must have to succeed with FDI: ownership, internalization, and location3) having ownership of control of at least 10 percent of more of an enterprise in another country5) Major industrial economies focus on new product development and innovation and less-developed countries focus on production of mature products.6) when the supply or amount of money in a country increases, the prices in that country tend to go up as well.7) A surplus of exports over imports overall or applied to a particular country9) Includes: firm strategy, structure, and rivalry; related and supporting industries; demand conditions; and, factor endowments12) the objective of between country trade is for a country to win by exporting more than it imports Across: 4) the choice to produce one good requires you to give up the opportunity to produce another good.8) each additional unit of production costs less to produce than did the previous unit.10) The costs associated with negotiating, monitoring, and enforcing contracts11) The relative advantage in production efficiency that a nation has internally over another.13) when the production of a good in country A takes fewer units of labor than production of the good in country B14) countries gain comparative advantage through the cost-saving gains from specialization and economies of scale.15) asks the question of when it is less costly to do something yourself in another country than selling your product or service16) A nation's comparative advantage comes from the relative abundance of its factor endowments.17) when a capital-intensive country exports more labor-intensive goods and imports capital-intensive goods.18) argues that FDI should occur only when foreign companies have unique competitive advantages over local companies.19) When one side loses, another one gains
 

 

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