The United States functions as a "safety valve" for the Mexican economy
A) when the U.S. government bails Mexico out of financial crisis.
B) when the U.S. market buys products from the maquiladora industry.
C) when Mexican workers who can't find jobs in Mexico migrate to the United States and send part of their income back to Mexico.
D) when U.S. firms engage in direct foreign investment in Mexico.
Answer: C) when Mexican workers who can't find jobs in Mexico migrate to the United States and send part of their income back to Mexico.
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When and why did Congress create the Federal Reserve System? What other attempts, if any, were made to establish a central bank in the United States?
What will be an ideal response?
The U.S. market for interbank borrowing and lending is called the:
a. Federal funds markets. b. Secondary market. c. Money market. d. Real Goods Market. e. Primary market.
A company's extraction cost curve slopes upward to reflect:
A. that marginal extraction costs increase as the company extracts more of the resource. B. that user costs rise as the company extracts more of the resource. C. that the price of the nonrenewable resource increases as the amount extracted increases. D. all of these.
The formula for average fixed costs is
A. q/TFC. B. ?q/?TFC. C. TFC/q. D. TFC - q.