The driving force behind the increase in FDI within developed economies is
A) cross-border mergers and acquisitions.
B) the international financial architecture.
C) the stabilization of international currencies.
D) the accumulation of government debt.
A
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Refer to the figure above. This is an example of a(n) ________
A) zero-sum game B) prisoners' dilemma C) extensive-form game D) payoff matrix
Suppose a U.S. automotive manufacturer was considering moving to Mexico to take advantage of the lower wage rates for unskilled Mexican labor. The typical Mexican worker could produce 20 cars per day, while the firm's typical U.S. worker can produce 50 cars per day. If the firm currently pays its U.S. workers an hourly wage of $25, economic theory suggests that the firm should
a. move to Mexico if the Mexican hourly wage is less than $25. b. move to Mexico if the Mexican hourly wage is $15. c. move to Mexico if the Mexican hourly wage is $12. d. only move to Mexico if the Mexican hourly wage is less than $10.
The general approaches to global poverty reduction include all of the following except
A. Redistribution of incomes within countries. B. Redistribution of incomes across nations. C. An increase in government control of resources. D. Economic growth that raises average incomes.
There are _____ members of the Board of Governors of the Federal Reserve; each serves one _____ year term.
A. 7; 14 B. 14; 7 C. 7; 7 D. 14; 14