If General Motors imports parts from its plants in Canada and Mexico for finished trucks that it will sell across the NAFTA region, what type of trade does this represent?
What will be an ideal response?
Intrafirm
You might also like to view...
Suppose that $1 U.S. costs $1.50 Canadian. If in St. Louis a CD costs $10 U.S. and in Montreal it costs $15 Canadian, then ________
A) purchasing power parity holds B) Canadians will buy CDs in St. Louis C) Americans will buy CDs in Montreal D) Virgin Records will have an incentive to build more stores in North America
Currency held by the nonbanking public is a medium of exchange
a. True b. False Indicate whether the statement is true or false
Suppose a manager views both quantity and profit as "goods." Such a manager will then have an indifference curve that: 
A. is tangent to the profit curve somewhere between quantities of 0 and 2.5. B. intersects the profit curve at a quantity exactly equal to 2.5. C. is tangent to the profit curve somewhere between quantities of 2.5 and 5. D. intersects the profit curve at a quantity exactly equal to 5.
Suppose an economy experience a 4% increase in each of the following variables: N, K, and H (human capital). Given this information, we know with certainty that
A) Y will increase by more than 4%. B) Y will increase by exactly 4%. C) Y will increase by less than 4%. D) Y will increase by less than 12% but by more than 4%. E) none of the above