The Idea Behind Multipoint Competition Is to Ensure That

question 30

Multiple Choice

The idea behind multipoint competition is to ensure that

• A)a rival does not dominate one market and use the profits from there to drive competitive attacks elsewhere.
• B)the competitors cooperate with each other to establish a cartel.
• C)no other competitors can enter the market unless they resort to licensing or franchising with the initial pioneers.
• D)growing technologies or business methods in new markets are transferred to established markets.
• E)the firms in an industry prefer FDI over licensing or exporting.

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Definitions:

Political Candidates

Individuals who are running for political office, seeking to be elected to represent the public in governmental bodies.

Balance of Payments

is a record of all financial transactions made between consumers, businesses, and the government in one country with those in other countries over a specific period.

Government Securities

Government securities are investment products issued by the government to finance its expenditures, offering a return to the investors.