Why is international trade viewed as a "second best" alternative when compared to the movement of the factors of production?
A) Being able to move the factors of production would increase world output.
B) International trade has too many problems associated with it.
C) Resources are best used with international trade.
D) Factors of production are cheaper and easier to acquire.
E) because trade is politically unpopular.
Correct Answer:
Verified
Q1: Which of the following statements is true?
A)
Q3: When the factors of production are immobile
Q4: International trade is a substitute:
A) for many
Q5: Worldwide, foreign direct investment:
A) inflows and outflows
Q6: Foreign direct investment is:
A) the purchase of
Q7: Setting up plants/factories in foreign countries is
Q8: Which of the following would be an
Q9: What percentage of foreign direct investment originates
Q10: Multinational corporations pursue direct foreign investment because:
A)
Q11: Which of the following is not a
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