Foreign direct investment is defined as
A) the acquisition of more than 10 percent of the shares of ownership in a company in another nation.
B) funds allocated into a foreign stock market that represent an ownership share of firms less than 5 percent.
C) purchasing both capital equipment and government bonds abroad.
D) purchasing government bonds.
A
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Does economic growth overcome scarcity?
What will be an ideal response?
Which of the following is most consistent with economizing behavior?
a. If you derive the same satisfaction from eating pizza and eating ice cream, it makes no difference which one of the two you choose. b. Before voting, you should invest the time and energy to become fully informed on all of the issues and candidates. c. It never makes sense to hire someone to do something for you that you could do yourself. d. If you get the same satisfaction from a chicken sandwich and a salad, you should purchase the one that costs the least.
An individual who stores wealth in art rather than money will find that he/she:
A. has far more liquidity than most savers. B. suffers larger real losses during periods of high inflation. C. will incur higher transaction costs when he/she ultimately makes purchases. D. will have to resort to barter exchanging the art for desired goods.
Positive externalities of technological change result from:
A. the common knowledge embodied in many technologies. B. patents. C. increasing returns to scale. D. capital accumulation.