Which of the following is an example of foreign direct investment?
A. Dr. Gareau, a French biologist, buys $5,000 worth of shares of Toyota.
B. Ford buys a controlling interest in Peugeot Citroën, a French automobile company.
C. Wells Fargo Bank buys $10 million worth of Bank of England T-Bills.
D. Ford motor company puts $10 million from its pension fund into a mutual fund containing shares of foreign companies.
Answer: B
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Indicate whether the statement is true or false
Which of the following is a difference between least absolute deviations (LAD) and ordinary least squares (OLS) estimation?
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Answer the following statement true (T) or false (F)