The bargaining power of an LDC government in negotiating with a TNC is greatest when
a. it has large amounts of labor available
b. it has a large market for a product
c. it has a resource that few other countries have
d. it can offer large tax breaks
e. none of the above
C
You might also like to view...
When an asset is described as being highly liquid, which one of the following characteristics does it possess?
A) It earns a high rate of interest, so its purchasing power is maintained when prices rise. B) It is easily and readily converted into money without any loss in purchasing power. C) The face value of the asset is somewhat less than its value when converted into currency. D) The asset holds its value over time.
Some examples of conventional types of fiscal policy actions are changes in government purchases or in personal taxes.
Answer the following statement true (T) or false (F)