The protectionist view
a. argues that nations should protect their borders from transboundary pollution
b. believes that trade can create unfair competition or lose jobs to other nations
c. supports environmental policy only if it protects domestic jobs
d. ignores environmental issues, focusing only on the effects of trade on competition and employment
b. believes that trade can create unfair competition or lose jobs to other nations
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According to the article, ________ are expected to contribute ________ to China's real GDP in 2008
A) exports and consumption; positively B) consumption and government spending; negatively C) exports and investment; negatively D) rental income and investment; negatively
Which of the following is an example of foreign direct investment?
A. Dr. Gareau, a French biologist, buys $5,000 worth of shares of Toyota. B. Ford buys a controlling interest in Peugeot Citroën, a French automobile company. C. Wells Fargo Bank buys $10 million worth of Bank of England T-Bills. D. Ford motor company puts $10 million from its pension fund into a mutual fund containing shares of foreign companies.