The host country's balance-of-payments problem tends to worsen when foreign firms:
a. invest solely in capital-intensive industries.
b. repatriate their profits to the headquarters from the host country.
c. acquire the foreign operations in order to diversify corporate investment holdings.
d. refuse to share technological expertise with the host country.
e. export all products to other countries.
b
Economics
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Suppose the price of burgers increases from $2 to $3 each. The degree to which quantity demanded responds to this price increase depends on the
A) price elasticity of demand. B) the price elasticity of supply. C) income elasticity of demand. D) cross elasticity of demand.
Economics
An increase in growth rates will cause the production possibilities curve to
A) shift inward. B) become steeper. C) become flatter. D) shift outward.
Economics