Until recently, many developing countries
A) encouraged foreign direct investment but discouraged foreign portfolio investment.
B) sealed themselves off from foreign investment.
C) were quite open to foreign investment.
D) encouraged foreign portfolio investment but discouraged foreign direct investment.
B
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The law-making time lag is best described as the time that it takes
A) a jury to render a verdict. B) Congress to realize that new laws must be passed to change taxes or spending. C) the President to sign a bill sent from Congress. D) a newly passed law to become the norm in daily lives. E) Congress to pass laws needed to change taxes or spending.
The Condorcet paradox implies that the order in which items are voted on under majority rule is unimportant
a. True b. False Indicate whether the statement is true or false