1. What is a Global Value Chain (GVC)? A. Firms that specialize in the production of a whole product B. The series of stages in the production of a product or service that occur across countries C. All stages of production that occur in one country O D. All of the above Growth 1 point possible (graded) 2. During what period did GVCS grow most swiftly? A. 1970s to 1980s B. 1980s to 1990s C. 1990s to 2007s D. All of the above

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10. Which of the following institutional factors is a particular problem for GVCS:
A. Political stability
B. Weak contract enforcement
C. Transparency and accountability in government
D. All of the above
Transcribed Image Text:10. Which of the following institutional factors is a particular problem for GVCS: A. Political stability B. Weak contract enforcement C. Transparency and accountability in government D. All of the above
1. What is a Global Value Chain (GVC)?
A. Firms that specialize in the production of a whole product
B. The series of stages in the production of a product or service that occur across countries
C. All stages of production that occur in one country
D. All of the above
Growth
1 point possible (graded)
2. During what period did GVCS grow most swiftly?
A. 1970s to 1980s
B. 1980s to 1990s
C. 1990s to 2007s
D. All of the above
Transcribed Image Text:1. What is a Global Value Chain (GVC)? A. Firms that specialize in the production of a whole product B. The series of stages in the production of a product or service that occur across countries C. All stages of production that occur in one country D. All of the above Growth 1 point possible (graded) 2. During what period did GVCS grow most swiftly? A. 1970s to 1980s B. 1980s to 1990s C. 1990s to 2007s D. All of the above
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