Which is an example of movement of factors of production between countries within an industry?
a. an employee quitting work in an automobile firm in the U.S. and joining another
b. an employee moving from a steel firm to an automobile firm in the U.S.
c. an employee moving from one steel firm to another in a different country.
d. an employee moving from a steel firm to an automobile firm in a different country.
c. an employee moving from one steel firm to another in a different country.
You might also like to view...
In the early 21st century, community relations take place within a relatively stable environment
Indicate whether the statement is true or false
In evaluating the performance of a profit center manager, the manager
a. should only be evaluated on the basis of variable costs and revenues of the sub-unit. b. should be evaluated on all costs and revenues that are controllabe by the manager. c. and the sub-unit should be evaluated on the basis of same costs and revenues. d. should be evaluated on all costs and revenues that can be directly traced to the sub-unit.
The "utilization factor" is defined as the
A) percent of time the system is idle. B) average percent of time the customers wait in line. C) average time the service system is open. D) percent of time that a single customer is in the system. E) None of the above
Letters of credit is a revocable commitment by a bank issued on behalf of its client and promising to pay a specific sum of money to a beneficiary upon compliance with the instructions of the letter of credit
Indicate whether the statement is true or false