Hudson Manufacturing is an MNE based in the United States with operations in Asia. The firm is considering expansion into the European Union. Which of the following questions is most relevant to the decision?
A) What is the primary language of most workers?
B) Which country has the best production location?
C) Which currency has the most favorable value of the euro?
D) Which country has the lowest tariffs for manufactured products?
B) Which country has the best production location?
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Using this consumption function, autonomous consumption is
A) $0. B) between $1 and $2 trillion. C) more than $2 trillion and less that $5 trillion. D) more than $5 trillion and less than $8 trillion. E) more than $8 trillion.
If a bank has legal reserves of $1 million, a reserve requirement of 10 percent, and check able deposits of $6 million, it can extend its check able deposits by
a. $1 million. b. $2 million. c. $4 million. d. $10 million.
The costs of income inequalities in an economy can be reduced to an extent if there is ________.
A. capital flight B. labor rigidity C. regressive taxation D. income mobility
If a nation imposes a tariff on an imported product, then the nation will experience a(n):
A. Decrease in total supply and an increase in the price of the product B. Decrease in demand and a decrease in the price of the product C. Decrease in supply of, and an increase in demand for, the product D. Increase in supply of, and a decrease in demand for, the product