A Japanese car manufacturer acquires an Italian producer of car tires. This is an example of a(n) _____.
A: acquisition
B: absolute advantage
C: greenfield investment
D: merger
A: acquisition
B: absolute advantage
C: greenfield investment
D: merger
举一反三
- 智慧职教: Fiat is ___ Italian car and Toyota is ___ Japanese car.
- When one producer has a lower opportunity cost of production than another producer for a given item, what exists? A: Absolute disadvantage B: Comparative disadvantage C: Comparative advantage D: Absolute advantage
- For many years the Japanese have ________ the car market.
- He has little trouble()the tires of his car A: to fix B: fix C: fixing D: with fixing
- Which of the following is the MOST likely cost unit for a car part manufacturer? A: Factory rent B: Engineer’s wages C: Car battery D: Sales catalogue