What would prompt a nation to invest in a sovereign wealth fund (SWF)?
A) trade deficit
B) trade surplus
C) trade balance
D) trade growth
E) trade embargo
B
Explanation: B) Often countries that trade in raw materials, such as oil or diamonds, find the price of the commodity fluctuates a great amount from year to year. So, taking the pool of money that exists in the year of a trade surplus and investing it would be a good strategy. Sovereign wealth funds (SWFs) are government investment funds that do just that.
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Controlling is the ______ in the management process.
Fill in the blank(s) with the appropriate word(s).
Which of the following statements describes a circumstance in which the manufacturer or distributor is liable for selling a defective product according to strict liability in tort?
A) The seller is not engaged in the business of selling the type of product that was found to be defective. B) The product developed by the manufacturer is expected to reach the consumer or user after undergoing substantial change. C) The product develops a defect four years after it was purchased by the consumer. D) The user or consumer has not bought the defective product from or entered into any contractual relation with the seller.