Social Science
Explore questions in the Social Science category that you can ask Sparky!
- in the balance of payments, how does a country record transactions involving the export and import of goods and services?
- International labor mobility: people move across borders until ...
- When can economic integration have positive effects?
- in a free trade area, countries are not allowed to determine their own trade policies with nonmembers (t/f)
- regional economic integration offers significant opportunities for businesses. which of the following is one of these opportunities?
- the emergence of single markets will make the business environment within each grouping less competitive (t/f)
- while a nation as a whole may benefit significantly from a regional free trade agreement, certain groups within the country may lose (t/f)
- there is consensus that EU is what economists would call an optimal currency area (t/f)
- country a and country b entered into a free trade agreement recently. after this, country a started importing heavy machinery from country b, which country a had previously produced domestically at a higher cost. which of the following has occurred in this scenario?
- the movement toward regional economic integration has been most successful in Europe (t/f)
- a chinese petroleum company sets up a crude oil refining facility in vietnam. this is an example of a greenfield investment
- the emerging role of the -- in competition policy suggests the EU is increasingly willing and able to intervene and impose conditions on companies proposing mergers and acqusitions
- direct effects of FDI on unemployment arise when a foreign MNE employs a number of host-country citizens
- trade diversion occurs when high-cost domestic producers are replaced by low-cost producers within the free trade area (t/f)
- the location-specific advantages argument associated with john dunning explains why firms prefer FDI to licensing or to exporting
- - can be seen as an attempt to achieve additional gains from the free flow of trade and investment between countries beyond those attainable under global agreements
- the fast food industry is a good example of a business sector where licensing is a poor option for FDI
- identify the most popular form of regional economic integration, accounting for almost 90 percent of regional agreements
- in which of the following situations would FDI deteriorate the current account of the host country's balance of payments?
- when higher-cost external producers are replaced by lower-cost external producers within the free trade area, -- occurs