Which of the following aspects of U.S. competition/antitrust policy has been opposed by the EU?
a.Collusive price setting.
e.Changes in policy.
b.Are often outlawed.
c.A and B above.
d.Entail the “prisoner’s dilemma for participants.
e.All of the above.
13.Which is not true concerning US anti trust policy today?
a.Legislation has legally permitted rivals to join hands in research and development (R&D).
b.There is increased permissiveness regarding mergers among rivals.
c.Clarity of policy has improved.
d.The legal standards for interfirm cooperation are no longer ambiguous in the United States.
e.The legal standards for interfirm cooperation are ambiguous in many other countries.
14.Dumping is defined as:
a.Shipping hazardous waste to locations in other countries.
b.An exporter selling below cost abroad.
c.Unloading unsold inventory from the US in other countries.
d.Excessive criticism of international rivals.
e.Getting rid of unprofitable operations.
15.Which of the following would not be considered an initial set of actions to gain competitive advantage:
e.New product introductions.
16.A firm's attack on a focal arena important to a competitor, but not the attacker's true target area, is referred to as:
17.The three drivers of counterattacks do not include:
d.B and C above.
18.Which of the following is not a legal means of signaling?
a.Nonaggression or fat cat.
b.Direct discussion of reduced rivalry with competitors.
d.Communication via governments.
19.In some industries where pressures for globalization are relatively low, local firms may possess some skills and assets that are transferable overseas, thus leading to a/an_____strategy.
20.Local firms in emerging economies typically can at least match the ________ of MNEs.
d.A and B above
e.None of the above
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