The acquisition of more than 10 percent of the outstanding shares in a company in another country is
A. foreign direct acquisition.
B. foreign direct investment.
C. portfolio acquisition.
D. portfolio investment.
Answer: B
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Gross Domestic Product is defined to be the market value of all the final goods and services produced during a given time period
A) within a country. B) within and outside a country by that country's citizens. C) by citizens of the country, regardless of their place of residence. D) by only legal residents of the country. E) within a county minus the market value of all the final goods and services produced by that country's citizens outside the country.
Specialization is the result of:
A) hiring experienced workers. B) paying higher wages to experienced workers. C) workers developing a certain skill set. D) increased demand for a firm's commodity.
Public goods like roads can be privatized by spending money on their repair
a. True b. False Indicate whether the statement is true or false
The major factor affecting a nation's balance of payments is
A. an increase in its rate of unemployment. B. its stock market movements. C. a change in the productivity of its labor. D. its rate of inflation relative to the rate of inflation of its trading partners.