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.Management Sciences
A. an economy more open to foreign trade and investment faces a more inelastic demand for unskilled workers
B. employers and consumers can more readily replace domestic workers with foreign workers by investing abroad or buying imports
C. globalization increases job insecurity
D. financial liberalization in LDCs leads to collapse of the economy
Related Mcqs:
- The IMF is an agency charged with providing ?
- A. technical assistance to stock market and financial market problems B. loans for post-World War II reconstruction C. short-term credit for international balance of payments deficits D. bonds denominated in U.S dollars as a loan to LDCs...
- Columbia’s Jagdish Bhagwati criticizes United States administrations inability to distinguish between benefits of free trade ?
- A. and the dangers of free capital movements for LDCs with poorly developed financial institutions B. and the dangers of a trade deficit C. and the external openness of income growth among the poorest 40 percent of LDCs D. and MNC domination and its effects on income distribution...
- The balance on current account ?
- I- equals the absolute value of the balance on capital account II- is financed by savings III- is net grants minus remittances IV- includes goods services and unilateral transfers A. I and II only B. II and III only C. I and IV only D. None of the above...
- Bilateral aid ?
- A. is technical aid given by IMF B. is given directly by one country to another C. is aid with repayment in inconvertible currency D. is a loan at bankers’ standards...
- Some economists and third-world policy makers criticize MNCs arguing that they have a negative effect on the developing country because they ?
- I- increasing the LDC’s technological dependence on foreign sources resulting in less technological innovation by local workers II- Hamper local entrepreneurship and investment in infant industries III- increase unemployment rates from unsuitable technology IV- Restrict subsidiary exports when they undercut the market of the parent company A. I and II only B. III and IV … Some economists and third-world policy makers criticize MNCs arguing that they have a negative effect on the developing country because they ?Read More...
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