A. gold or silver bullion
B. petrodollars
C. money with a fixed exchange rate
D. money that can be readily converted to leading world currencies
0
What economic principle refers to the way that states differ in their abilities to produce certain goods because of differences in natural resources, labor force characteristics, technology, and other such factors?
0
Which of the following is one of the world’s most important currencies?
A. consumer economics
B. Freedman economics
C. Keynesian economics
D. comparative advantage
0
Currently, national currencies are valued against:
A. German mark
B. British pound
C. Russian ruble
D. the EU’s euro
0
Which of the following is an example of portfolio investment?
A. gold prices
B. the euro
C. silver prices
D. each other
0
The state in which an MNC has its headquarters is called the:
A. buying stocks and bonds
B. lowering tariff barriers
C. paying subsidies
D. building a factory
0
Which of these groups welcomes the free trade that comes with globalization?
A. source state
B. host state
C. incorporated country
D. home country
0
Foreign investments in and by a country are referred to as:
A. workers in industrialized countries
B. human rights NGOs
C. environmental groups
D. None of the answers is correct
0
Almost all MNCs are based in:
A. government transactions
B. the capital account
C. capital flows
D. the current account
0
A _________ is responsible for maintaining the value of a state’s currency to the extent that it can by limiting the amount of money printed and avoiding inflation.
A. Latin America
B. G-8 states
C. Japan
D. Africa
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