The purchase or building by a corporation of a facility in a foreign country is called
A) foreign direct investment. B) foreign capital depreciation.
C) foreign portfolio investment. D) globally-directed investment.
A
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Purchasing power parity determines the exchange rate in
A) the short run. B) nations that do not allow their exchange rate to fluctuate. C) the long run. D) the long run and the short run. E) theory only, but not in reality.
Dan sells newspapers. Dan says that a 4 percent increase in the price of a newspaper will decrease the quantity of newspapers demanded by 8 percent. According to Dan, the demand for newspapers is ________
A) inelastic B) unit elastic C) perfectly elastic D) elastic
The motivation for collective action is to do things that benefit society as a whole
a. True b. False
If certification decreases supply and serves as a barrier to entry, it ________ the price and ________ market power of the suppliers already in the market.
A) decreases; decreases B) decreases; increases C) increases; increases D) increases; decreases