A joint venture allows a foreign firm to easier adjust to a new market and often meet various institutional requirements

What is the fastest growing component of consumption in the United States?

A) new home construction B) services C) nondurable goods D) durable goods

The minimum amount that investors must earn on the funds they invest in a firm, expressed as a percentage of the amount invested, is referred to as

A) the explicit costs of production. B) net income. C) net worth. D) a normal rate of return.