A leading apparel brand in the U.S. opens a workshop in Bangladesh. This is an example of ________
A) import by the U.S. B) a foreign portfolio investment
C) a foreign direct investment D) export to Bangladesh
C
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What is meant by randomization? How does randomization affect the results of an experiment?
What will be an ideal response?
Use the following demand and supply functions: Demand:Qd = 50 - 4PSupply:Qs = 20 + 2PIf the price is $2, there is a
A. surplus of 30 units. B. shortage of 10 units. C. surplus of 10 units. D. shortage of 18 units. E. none of the above
If economic profits are earned in a competitive market, then over time
A. Normal profit will fall to zero as more firms enter. B. The market supply curve will shift to the left. C. Equilibrium price will rise as more firms enter. D. Additional firms will enter the market.
The process of countries becoming more open to foreign trade and investment is known as
A) autarky. B) foreign exchange. C) globalization. D) protectionism.