1. ______________ are tangible or intangible resources owned by a firm, which grant it a competitive advantage over its industry rivals.

Ownership advantages

Location advantages

Internalization advantages

Fixed assets

Current assets

2. All of the following are characteristics of the most promising candidates for an international assignment EXCEPT:

managerial competence

appropriate training

adaptability to new situations

educational excellence

3. ______________ is the overall set of forces that causes people to choose certain behaviors from a set of available behaviors.

Attitude

Perception

Projection

Reinforcement

Motivation

4. The type of countertrade whereby part of an exported good is produced in the importing country is called ______________.

barter

counterpurchase

buy-back

offset purchase

multilateral netting

5. Those factors that affect the desirability of host country production relative to home country production are called ______________.

ownership advantages

location advantages

internalization advantages

fixed assets

current assets