A clear conclusion from offshoring debates and analyses is that:
a. Offshoring increases overall unemployment in the nation from which offshoring takes place.
b. Offshoring's main effect is to decrease GDP in the nation from which offshoring takes.
c. Offshoring could increase or decrease unemployment in the nation from which it takes place; the result depends on the circumstances.
d. Offshoring results in net losses to the global economic community.
.C
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An import tariff will cause the terms of trade of the ________ country to ________ and will ________ the country
A) importing; improve; benefit B) exporting; improve; benefit C) importing; suffer; harm D) exporting; improve; harm E) importing; improve; harm
An instrument developed to help investors and institutions hedge interest-rate risk is
A) a debit card. B) a credit card. C) a financial derivative. D) a junk bond.