Which of the following is true of foreign direct investment (FDI) in China?
A. FDI inflows in China declined substantially during 2005-2007.
B. Much of China's FDI has come from the developing countries located close to it.
C. Three-fifths of the FDI into China is in the service sector.
D. Foreign-affiliated firms account for more than 50 percent of production value added in China.
Answer: B
You might also like to view...
The current account balance is
A) the supply of a country's exports less the country's own demand for imports. B) the demand for a country's exports plus the country's own demand for imports. C) the country's own demand for imports less the demand for a country's exports. D) the demand for a country's exports less the country's own demand for imports. E) the country's federal reserves minus the national debt.
In the Solow growth model, given the values of A, s, n, and d, the economy has an equilibrium growth rate of real GDP equal to
A) s. B) n. C) n + d. D) n - d. E) s - d.
If savers require a 2% return and inflation is expected to be 3%, what approximate rate will banks offer savers?
A) 1% B) 3.2% C) 5% D) 6%
Identified departures from perfect rationality include:
A. incoherent choices. B. bias towards the status quo. C. anchoring. D. All of these are identified departures from perfect rationality.