Market Servicing Strategies (Exporting, Joint Venture, Investments) Have Little Influence

question 21

True/False

Market servicing strategies (exporting, joint venture, investments) have little influence on whether firms localize or not.

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Definitions:

Perfect Substitutes

Products or services that can be used in exactly the same way, to the extent that one can replace the other in consumption without affecting utility.

Right Angles

Angles that measure exactly 90 degrees.

Indifference Curves

Graphical representations used in microeconomics to show combinations of two goods that provide equal satisfaction and utility to a consumer.

Nickels

Coins in the United States and Canada valued at five cents, made of a cupronickel alloy.