Which of the following is an example of foreign direct investment?
A) Toyota builds an automobile plant in Ohio.
B) The Bank of Japan buys dollars.
C) A citizen of Japan buys stock in Microsoft.
D) A citizen of Japan buys a U.S. government bond.
A
Economics
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Refer to the above figure. Between points f and g, the opportunity cost of producing 75 more bushels of wheat is
A) 1 bushel of beans. B) 4 bushels of beans. C) 25 bushels of beans. D) 100 bushels of beans.
Economics
According to purchasing-power parity, if a basket of goods costs $100 in the U.S. and the same basket costs 800 pesos in Argentina, then what is the nominal exchange rate?
a. 8 pesos per dollar b. 1 peso per dollar c. 1/8 peso per dollar d. none of the above is correct
Economics