Which of the following is an example of U.S. foreign direct investment?
a. A Greek company opens a cheese factory in the U.S.
b. A German mutual fund buys stock issued by a U.S. corporation.
c. A U.S. beverage company opens a bottling plant in Russia.
d. A U.S. bank buys bonds issued by an Argentinean company.
c
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In the figure above, compared to a perfectly competitive industry with the same costs, a single-price, unregulated monopoly will raise the price by
A) $2.00 per unit. B) $4.00 per unit. C) $6.00 per unit. D) $8.00 per unit.
A lump sum tax is one for which the individual's liability does not depend on behavior.
A. True B. False C. Uncertain
The firm whose short-run cost curves are given in Exhibi has a long-run fixed cost of
A. $0. B. $2. C. $3. D. $4.
When a nonprice change affects any of the four components of GDP the:
A. aggregate demand curve will shift left or right. B. economy will move up or down along the aggregate demand curve. C. aggregate demand curve will remain unaffected. D. aggregate supply with shift left or right.