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In the Short­run (Specific­factors) Model, Foreign Direct

question 33

Multiple Choice

In the short­run (specific­factors) model, foreign direct
Investment is expected to cause a(n) ________ in the
Production of the capital­intensive good and a(n)
________ in the production of the land­intensive good
In the receiving country.


Definitions:

Standardization

Involves establishing uniform procedures, criteria, or specifications within organizations to ensure consistency and efficiency.

Coordinating Mechanism

A system or process used to ensure different parts of an organization work together efficiently towards common goals.

Organizational Design

The process of structuring an organization's roles, responsibilities, and systems to achieve its goals effectively and efficiently.

Direct Supervision

A management style where a supervisor is directly involved in the oversight and direction of employees' work on a day-to-day basis.

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