Foreign investment in developing countries is limited for all of the following reasons except:
A. domestic saving in developing countries is too limited.
B. developing countries try to control the nature of foreign investment in order to obtain greater benefits from it.
C. developing countries lack the infrastructure necessary to attract foreign investment.
D. it is often viewed in developing countries as exploitive.
Answer: A
Economics
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The above figure shows the U.S. market for chocolate. With no international trade, producer surplus is equal to
A) area A + area B + area C + area D. B) area B + area C + area D + area E. C) area B + area C + area D. D) area C + area D. E) area E.
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Refer to Table 9-11. Which country has a comparative advantage in producing clocks?
A) Belize B) Denmark C) both countries D) neither country
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