International Factor Movements And Multinational Corporations

A. the construction of a new auto assembly plant overseas
B. the acquisition of an existing steel mill overseas
C. the purchase of bonds or stock issued by a textile company overseas
D. the creation of a wholly owned business firm overseas

A. marginal cost pricing
B. full cost pricing
C. price discrimination
D. transfer pricing

A. always produce primary goods
B. always produce manufactured goods
C. produce primary goods or manufactured goods
D. None of the above

A. multinational corporation
B. international joint venture
C. horizontal merger
D. vertical merger

A. exporting American jobs by investing overseas
B. exporting American jobs by keeping investment in the U.S
C. importing cheap foreign workers by shifting U.S investment overseas
D. importing cheap foreign workers by keeping U.S investment at home

A. hire low-income workers
B. manufacture in nations they have difficult exporting to
C. obtain necessary factor inputs
D. All of the above

A. total wage income in the world
B. wage disparities
C. business or capitalist income in the world
D. the productivity of labor

A. R&D generating welfare improved technology
B. development of more productive machinery
C. new work rules promoting workers efficiency
D. lower wages extracted from workers