Bolivia's government attempted to solve some of its problems with inequality of outcomes due to foreign investment in its natural gas resources by:
a. taxing international firms.
b. insisting that the firms pay higher wages to workers in the industry.
c. shutting down the firms in the wake of protests.
d. nationalizing the firms by reclaiming 51% ownership and raising taxes on foreign profits.
Ans: d. nationalizing the firms by reclaiming 51% ownership and raising taxes on foreign profits.
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Consider the market for dollars. If the exchange rate rises from 2 pesos per dollar to 4 pesos per dollar
A) the supply curve of dollars shifts leftward. B) the supply curve of dollars shifts rightward. C) there is an upward movement along the supply curve for dollars. D) there is a downward movement along the supply curve for dollars.
For how long must most hedge fund investors wait before withdrawing funds?
A) 1 to 3 days B) 1 to 3 weeks C) 1 to 3 months D) 1 to 3 years