Portfolio investment means the
A) purchase of less than 20 percent of the shares of ownership in a company in another country.
B) purchase of less than 50 percent of the shares of ownership in a company in another country.
C) purchase of less than 80 percent of the shares of ownership in a company in another country.
D) purchase of less than 10 percent of the shares of ownership in a company in another country.
D
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A situation where a member of Congress votes to approve a bill in exchange for favorable votes from other members on other bills is called
A) logrolling. B) special interest legislation. C) regulatory capture. D) rent seeking.
Assume that average labor productivity is the same in each country. Based on the information in the table, which country has the smallest real GDP per capita?CountryPopulation (millions)Share of Population Employed (%)A10060B15055C7550D25045E9540
A. Country B B. Country D C. Country A D. Country E