An action taken by two companies to combine as a single entity
What will be an ideal response?
Merger
You might also like to view...
Collusion occurs when
A) there is an agreement among firms to charge the same price or otherwise not to compete. B) firms refuse to follow their price leaders. C) a firm chooses a level of output to maximize its own profit. D) two firms' price and output decisions come into conflict.
Discriminatory trade practices are allowed among sister WTO member countries, especially when it comes to
A) the use of child labor in agricultural and textile/apparel products. B) national security and special benefits given to other members of a free trade area. C) the protection of agriculture and textile/apparel from open trade. D) Both A and B are correct. E) Both B and C are correct.
Which of the following are NOT traded in a capital market?
A) U.S. government agency securities B) state and local government bonds C) repurchase agreements D) corporate bonds
If the theory of purchasing power parity is correct, which of the following statements should be true in the long run?
A) The percentage change in the nominal exchange rate equals the foreign inflation rate minus the domestic inflation rate. B) The percentage change in the real exchange rate equals the foreign inflation rate plus the domestic inflation rate. C) The percentage change in the nominal exchange rate equals the percentage change in the real exchange rate minus the sum of the foreign inflation rate and the domestic inflation rate. D) The percentage change in the nominal exchange rate equals zero.