A recommended policy for DVCs to implement that promotes economic growth is:
A. Establishing realistic policies for exchange rates
B. Obtaining more low-interest loans from the U.S. government
C. Encouraging more tariffs and quotas to protect DVC businesses
D. Discouraging direct foreign investment to make DVCs more self-sufficient
A. Establishing realistic policies for exchange rates
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An increase in labor productivity shifts the
A) labor demand curve rightward. B) labor demand curve leftward. C) labor supply curve rightward. D) labor supply curve leftward.
Fluctuating exchange rates can alter a multinational firm's profits and losses. The U.S. automobile manufacturer Tesla produces vehicles in the United States and sells them in Norway
(Norway is Tesla's largest overseas market.) If the dollar appreciates against the Norwegian krone, then Tesla's revenues from these operations should ________ and its profits from these operations should ________. A) fall; rise B) rise; fall C) rise; rise D) fall; fall