A/n ________ Would Be an Example of a Location-Specific Advantage

question 49

Multiple Choice

A/n ________ would be an example of a location-specific advantage for an MNE.

• A)patent
• B)economy of scale
• C)unique source of raw materials
• D)possession of proprietary information

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Definitions:

Arbitrageurs

Market participants who buy and sell assets to profit from price discrepancies in different markets.

Foreign Exchange Markets

Financial markets where currencies are traded, facilitating international trade and investment by enabling currency conversion.

Exchange Rates

The price of one country's currency expressed in another country's currency, affecting international trade and economics.

Arbitrageurs

Individuals or entities that attempt to profit from price differences of the same or similar financial instruments, across different markets or in different forms.