Please answer these 5 questions

1. Post-industrial countries characterized by high per-capita income, highly competitive industries, and well-developed commercial infrastructures are known as ____

a. Advanced economies

b. Developing economies

c. Emerging markets

d. under developed economies

2. Firm A's agreement to give Firm B the rights to use A's proprietary technology or trademark for a royalty paid to A by B. The above setting is ___.

a. franchising

b. joint venture

c. licensing

d. Stage model

3. An unstable political climate may leave an MNE vulnerable to bureaucratic red tape and ____ a. economic unceratinity b. low profits c. cost advantage d. cascading effect

4. Selling a good at a price below cost or below the cost in a home country

a. grey marketing

b. parallel import

c. dumping

d. none of the above

5. strategies will vary depending upon the specific goods and customers

a. product b. price c. place d. promotion