Social Science Questions
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in the balance of payments, how does a country record transactions involving the export and import of goods and services?
International labor mobility: people move across borders until ...
When can economic integration have positive effects?
in a free trade area, countries are not allowed to determine their own trade policies with nonmembers (t/f)
regional economic integration offers significant opportunities for businesses. which of the following is one of these opportunities?
the emergence of single markets will make the business environment within each grouping less competitive (t/f)
while a nation as a whole may benefit significantly from a regional free trade agreement, certain groups within the country may lose (t/f)
there is consensus that EU is what economists would call an optimal currency area (t/f)
country a and country b entered into a free trade agreement recently. after this, country a started importing heavy machinery from country b, which country a had previously produced domestically at a higher cost. which of the following has occurred in this scenario?
the movement toward regional economic integration has been most successful in Europe (t/f)
a chinese petroleum company sets up a crude oil refining facility in vietnam. this is an example of a greenfield investment
the emerging role of the -- in competition policy suggests the EU is increasingly willing and able to intervene and impose conditions on companies proposing mergers and acqusitions
direct effects of FDI on unemployment arise when a foreign MNE employs a number of host-country citizens
trade diversion occurs when high-cost domestic producers are replaced by low-cost producers within the free trade area (t/f)
the location-specific advantages argument associated with john dunning explains why firms prefer FDI to licensing or to exporting
- can be seen as an attempt to achieve additional gains from the free flow of trade and investment between countries beyond those attainable under global agreements
the fast food industry is a good example of a business sector where licensing is a poor option for FDI
identify the most popular form of regional economic integration, accounting for almost 90 percent of regional agreements
in which of the following situations would FDI deteriorate the current account of the host country's balance of payments?
when higher-cost external producers are replaced by lower-cost external producers within the free trade area, -- occurs