Question: trur or false 18. The idea behind multipoint competition is to ensure that a rival does not dominate one market and use the profits from

trur or false

18. The idea behind multipoint competition is to ensure that a rival does not dominate one market and use the profits from there to drive competitive attacks elsewhere

19. Dunnings theory helps explain how location factors does not affect the direction of FDI

20. Import quotas benefit domestic consumers by limiting import competition

21. The purchasing power parity (PPP) exchange rate could be found from any individual set of prices, Ifthe law of one price were true for all goods and services.

22. Tariffs improve the overall efficiency of the world economy

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