Which of the Following Statements Is True of the Country

question 30

Multiple Choice

Which of the following statements is true of the country factors that govern international business?

• A) Relative factor costs should be considered when selecting a country for production.
• B) Centralized production is the most suitable method of doing international business.
• C) Exchange rates are not a significant factor that determines the selection of a country.
• D) Decentralized manufacturing is the most suitable method of doing international business.

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Definitions:

Res Ipsa Loquitur

A legal doctrine that allows for the presumption of negligence on the part of the defendant, inferred from the very nature of the accident or injury.

Burden Of Proof

The obligation to prove one's assertion or claim in a legal dispute.

Negligence Per Se

A legal doctrine where an act is considered negligent because it violates a statute or regulation that is designed to protect the public.

Res Ipsa Loquitur

A legal doctrine that allows an inference of negligence to be drawn from the very nature of an accident or injury, in the absence of direct evidence on how the defendant behaved.