A rule that a foreign company export a minimum percentage of its output is considered
a. local content requirement
b. national treatment
c. performance requirement
d. most favored nation treatment
e. none of the above
C
You might also like to view...
If the price level increases more rapidly than expected, _____
a. output will decrease b. output will increase c. output will not change d. real wages will increase e. unemployment will increase
Which of the following would NOT affect a good's price elasticity of demand?
A. the proportion of one's budget spent on an item B. the ease of substitution between goods C. the cost of producing the good D. the number of substitute goods available
A large open economy increases its desired saving. This causes the world real interest rate to ________ and the country's current account balance to ________
A) fall; fall B) remain unchanged; rise C) fall; rise D) remain unchanged; fall
During the delivery period,
A) the futures price exceeds the price in the cash market. B) the price in the cash market exceeds the futures price. C) the futures price and the price in the cash market are equal. D) there is no discernible relationship between the futures price and the price in the cash market.