If the FDI is a substitute for imports of goods or services, the effect can be to improve the current account of the host country's balance of payments.

a. true
b. false


Answer: a. true

Business

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Indicate whether the statement is true or false

Business

According to the Independent Sector study on volunteerism cited in the text, most people are recruited as volunteers by

a. family members b. nonprofit organization volunteer coordinators c. co-workers d. friends e. Board members of nonprofits

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A public company instituted a clawback policy. What does this mean?

a. The company can require the CEO and CFO to reimburse the company for any bonus or profits they recieved from selling company stock within a year of the release of flawed financials. b. At least once every three years, companies must take a nonbinding shareholder vote on the compensation of the five highest-paid executives. c. The company is prohibited from expelling shareholders unless the firm pays a fair price for the minority stock and the expulsion has a legitimate business purpose. d. The company has decided that the compensation level of its executives is not in the company's best interests, so it reduces all executive pay levels by a certain percentage.

Business

Administrative agencies are established to enforce and interpret statutes enacted by Congress and state legislatures

Indicate whether the statement is true or false

Business