Only 14 Answer with good quality 14Which of the following is INCORRECT about collusion-obstacles in international tradingNumber of SellersPotential CompetitionEconomic DownturnSuhstitute GoodsAll of the above15Miehael Porter identified the fullowing attributes that promote ur impede the ereation of competitive advantagr.EACETariff.BFactor endowmentsDemand conditionsDRelating and supporting industriesEFirm, strategy, structure, and rivalry.16How do the academies modify the overlapping phenomenos in regional trading arrangementsSpillover EffectsB.Spaghetti Bowl EffectsDomino EffectsSide EffectsD.Butterfly Effects17refers to an agreement by two nations to maintain tariffs to each other as low as those applied to any other nation.Regional Trade Agreement.Most Favored Nation.Fast Track Authority.Trade Promotion AdjustmentD.ETrade Adjustment Assistance.18Which of the following is INCORRECT about the demands" (the reasons why one needs) for proteetion in one's political economy?Greater comparative disadvantage.Greater import penetration.AвGreater domestic concentration.Higher cost to society.Lesser export dependence:D.19The external economies of scale may produce the following positive externalities, EXCEPTLower input costsCongestion.Knowledge spillovers.Labor poolingABD.Specialized production.Which of the following is INCORRECT about the economies of scale and market structure?Economies of scale could mean cither that larger firms or a larger industry would be more efficient.External economies of scale occur when the cost per unit of output depends on the industry's size.Internal economies of scale occur when the cost per unit of output depends on the size of a firm.Internal economies of scale result when large firms have a cost advantage over small firms, causing the industry to become perfectly competitiveAn industry where economies of scale are purely external will typically consist of many small firms and be perfectly competitive20BD.

Collusion refers to the process of cooperating the firms in international selling by one country to…

Answered: Which of the following is INCORRECT…

Which of the following is INCORRECT about collusion-obstacles in international trading Number of Sellers Potential Competition Economic Downturn Substitute Goods All of the above

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Only 14 Answer with good quality

14
Which of the following is INCORRECT about collusion-obstacles in international trading
Number of Sellers
Potential Competition
Economic Downturn
Suhstitute Goods
All of the above
15
Miehael Porter identified the fullowing attributes that promote ur impede the ereation of competitive advantagr.EACE
Tariff.
B
Factor endowments
Demand conditions
D
Relating and supporting industries
E
Firm, strategy, structure, and rivalry.
16
How do the academies modify the overlapping phenomenos in regional trading arrangements
Spillover Effects
B.
Spaghetti Bowl Effects
Domino Effects
Side Effects
D.
Butterfly Effects
17
refers to an agreement by two nations to maintain tariffs to each other as low as those applied to any other nation.
Regional Trade Agreement.
Most Favored Nation.
Fast Track Authority.
Trade Promotion Adjustment
D.
E
Trade Adjustment Assistance.
18
Which of the following is INCORRECT about the demands" (the reasons why one needs) for proteetion in one's political economy?
Greater comparative disadvantage.
Greater import penetration.
A
в
Greater domestic concentration.
Higher cost to society.
Lesser export dependence:
D.
19
The external economies of scale may produce the following positive externalities, EXCEPT
Lower input costs
Congestion.
Knowledge spillovers.
Labor pooling
A
B
D.
Specialized production.
Which of the following is INCORRECT about the economies of scale and market structure?
Economies of scale could mean cither that larger firms or a larger industry would be more efficient.
External economies of scale occur when the cost per unit of output depends on the industry's size.
Internal economies of scale occur when the cost per unit of output depends on the size of a firm.
Internal economies of scale result when large firms have a cost advantage over small firms, causing the industry to become perfectly competitive
An industry where economies of scale are purely external will typically consist of many small firms and be perfectly competitive
20
B
D.

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