Small economies are sometimes less successful than large countries in attracting FDI by raising import restrictions. What is the most likely reason for this?
A) Large economies impose higher trade restrictions.
B) Transportation costs are generally higher in small economies.
C) People in small economies are more nationalistic in their purchases.
D) Small economies frequently lack sufficient markets for large-scale production.
D
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The cumulative variable is equal to
A) favorable variances less unfavorable variances over the previous months. B) favorable variances plus unfavorable variances over the previous months. C) this months planned expenses less actual expenses. D) this months actual expenses less planned expenses.
Zachary holds 15 stocks in his portfolio. The portfolio's return last year was 11%, but one stock, RJH, doubled in value. What should Zachary do if he wants to be as diversified as he was at the beginning of the year?
A) Sell some of the RJH because it now constitutes a higher percentage of his holdings. B) Sell the worst performing stock and use the proceeds to buy more RJH. C) Wait for the price for RJH and the remaining stocks to rise so the proportions are reestablished. D) Sell the RJH and buy a cheaper stock in the same industry.