Combined BUSMHR 2000-Final exam

Foreign Direct Investment - answer-involves direct ownership in productive assets where the MNC has control over its investment Flow - answer-amount of FDI over a period of time (one year) Stock - answer-total accumulated value of foreign owned assets Outflow - answer-amount of FDI from a c...

Declining trade barriers - answer-better ability to sell overseas Declining investment barriers for producers means... - answer-better ability to produce overseas Enhanced communication technologies - answer-better ability to control overseas operations Enhanced transportation technologies ...

free trade - answer-government does not attempt to restrict what citizens can buy from another country or what they can sell to another country tariffs - answer-A tax on imports that effectively raises the cost of imported products relative to domestic products special tariffs - answer-levied ...

CH 5 - answer-Theories of International Trade and Investment National industrial policy - answer-A proactive economic development plan a government initiates to build or strengthen a particular industry. Mercantilism - answer-The belief that national prosperity is the result of a positive bala...

free trade - answer-govt does not attempt to restrict what its citizens can buy from another country or sell to another country tariffs, subsidies, import quotas, voluntary export restraints, local content requirement, antidumping policies - answer-6 instruments of trade policy tariff - answer...