Question: Investment by MNEs in developing countries risks setting back sustainable development because a. The MNE is interested mainly in low-cost manufacturing. b. The MNE will

Investment by MNEs in developing countries risks setting back sustainable development because

a.

The MNE is interested mainly in low-cost manufacturing.

b.

The MNE will provide employment.

c.

The MNE will probably not pay local taxes.

d.

The MNE is unlikely to commit to long-term CSR.

What is recession in a national economy?

a.

A slowdown in activity

b.

A depression

c.

Three consecutive quarters of negative economic growth

d.

Two consecutive quarters of negative economic growth

Which one of the following describes the EU single market?

a.

Free movement of people, goods and energy

b.

Free movement of workers, information, capital and transport

c.

Free movement of goods, services and information

d.

Free movement of goods, people, capital and information

Which of the following describes a country when the income its residents earn from exports is equal to the money its residents pay to other countries for imports?

a.

Balance-of-trade equilibrium

b.

Balance-of-payments deficit

c.

A currency crisis

d.

Balance-of-trade surplus

All but which one of the following is a worry for a government when there is rising inflation?

a.

The countrys interest rates are likely to fall.

b.

The countrys exports are less competitive.

c.

Foreign investors will be deterred.

d.

Consumers experience rising prices

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