Which of the following measures of globalization was not affected during the aftermath of the terrorist attacks in the United States on September 11, 2001?
a. World trade
b. Global foreign direct investment
c. International travel and tourism
d. International telephone calls
e. Political engagement
d
You might also like to view...
The higher the concentration ratio, the
a. more control an individual firm has to set prices. b. more competitive the industry. c. less competitive the industry. d. Both a and c are correct.
If over the next six months inflation is higher in the U.S. than in foreign countries, then according to purchasing-power parity
a. only the nominal exchange rate depreciates. b. both the real and nominal exchange rate appreciate. c. both the real and nominal exchange rate depreciate. d. only the real exchange rate appreciates.
For most goods and services, an increase in income will cause the demand curve to shift to the left.
Answer the following statement true (T) or false (F)
Refer to Figure 11-5. The vertical difference between curves F and G measures
A) sunk costs. B) average fixed costs. C) marginal costs. D) fixed costs.