How can financial globalization be blamed for the loss of fiscal autonomy to a nation?

What will be an ideal response?


Answer: The loss of fiscal autonomy is often seen as another by-product of globalization of financial markets. In particular, multinational corporations, hedge fund managers, and institutional investors become more mobile as globalization increases making capital "footloose" and subsequently, some would say, the loss of a nation's fiscal autonomy since these groups can move funds to avoid taxation.

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An investor buys stock for $10,000 at the beginning of the year. She earns dividends of $300 during the course of the year. At the end of the year, the stock is worth $10,800. The tax rate on dividends and capital gains is 15 percent. The inflation rate is 3 percent. What is the real return accrued on the stock at the end of the year, provided the investor does not sell the stock?

A. 6.35 percent. B. 6.95 percent. C. 7.55 percent. D. 8 percent.

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Most large companies consist of four organizational levels: the corporate level, the ________, the business unit level, and the product level

A) board of director level B) major stakeholder level C) management team level D) division level E) strategic level

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According to the 2010 U.S. Census, which is the only southern state that lost seats in the House of Representatives due to population shifts out of the state?

A. Texas B. South Carolina C. Louisiana D. Arizona E. Florida

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According to White (2017), three main contingencies for reward have been identified ______.

a. person, team and job b. person, team and performance c. person, job and performance d. job, team and performance

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