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...

Only 14 Answer with good quality

Extracted text: 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.