Which of the following is one of the concerns over having U.S. auto producers in China?
a. They will dump back onto U.S. markets.
b. They will allow technology to leak to Chinese competitors.
c. They cannot compete with the Japanese.
d. They will allow the Chinese competitors to steal their business model.
Ans: b. They will allow technology to leak to Chinese competitors.
You might also like to view...
The productivity standard for the distribution of income can be thought of as
A) rewarding people according to their ability to produce useful goods. B) benefiting only the least productive worker. C) proving that egalitarians are correct. D) rewarding only the wealthy.
Using the aggregate demand and supply model, expansionary fiscal policy will not affect the price level, but will restore full-employment GDP
a. True b. False Indicate whether the statement is true or false