Anheuser-Busch purchased the Labatt brewery in Canada and has expanded its market and product offerings. This is an example of:
A. foreign direct investment.
B. foreign portfolio investment.
C. exporting.
D. importing.
Answer: A
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Answer the following statements true (T) or false (F)
1) Managers can reduce production or delivery costs by keeping an inventory of the goods they produce or sell. 2) Managers incur opportunity costs from holding goods in inventory. 3) The cost minimizing inventory sets the marginal benefit of increasing the order size equal to its marginal cost. 4) In most cases, the cost-minimizing order quantity depends on the variable cost per unit of ordering. 5) The optimal order quantity and the optimal inventory level increase as the cost of carrying a unit in inventory increases.
Production of a small quantity of an input is often ________ as firms typically ________ able to enjoy economies of scale.
A) profitable; are B) profitable; are not C) unprofitable; are not D) unprofitable; are
Unbalanced investment projects are largely responsible for the high concentration of wealth in poor countries
Indicate whether the statement is true or false
Consider the monopoly depicted in Figure 8.14. Relative to the cost of producing the quantity the monopolist would choose under an average-cost pricing policy, the cost of producing Q4 units is:
A. less. B. the same. C. more. D. twice as much.