The acquisition of more than 10 percent of the shares of ownership in a company in another country is known as
A) net national investment. B) portfolio investment
C) net exports. D) none of the above
D
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What are the assumptions of the Heckscher-Ohlin theorem?
What will be an ideal response?
How might inflation, even if fully anticipated, prevent the classical dichotomy from holding, even in the long run?
What will be an ideal response?
Assume there is an increased demand in the United States for Australian wines. If all other factors are held constant, this will result in
A) an increase in the U.S. dollar exchange rate for Australian dollars. B) an appreciation of the U.S. dollar. C) a movement along the demand curve for Australian wine. D) a decrease in the par value of the Australian dollar.
In an oligopoly
A) there are many firms. B) there is one firm. C) there are few firms. D) firms openly collude.