During the past 20 years, there has been substantial FDI in China. What are the expected shortrun effects of this FDI upon the rental rate on capital and wages in China?

a. The rental rate should increase and wages should decrease.
b. The rental rate and wages should both increase.
c. The rental rate and wages should both decrease.
d. The rental rate should decrease and wages should increase.


Ans: d. The rental rate should decrease and wages should increase.

Economics

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A) the dollar has appreciated. B) the euro has appreciated. C) the euro has stayed constant in value. D) the dollar has depreciated.

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Everything else constant, a stronger dollar will mean that

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Indicate whether the statement is true or false

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