Category: International Factor Movements And Multinational Corporations

A. total wage income in the world
B. wage disparities
C. business or capitalist income in the world
D. the productivity of labor

A. enjoy unfair advantage in taxation
B. export jobs by shifting technology overseas
C. export jobs by shifting investment overseas
D. operating at output levels where scale economies occur

A. hire low-income workers
B. manufacture in nations they have difficult exporting to
C. obtain necessary factor inputs
D. All of the above

A. cannot benefit from the advantage of comparative advantage
B. may raise political problems in countries where their subsidiaries operate
C. can only invest at home but not overseas
D. can only invest overseas but not at home

A. multinational corporation
B. international joint venture
C. horizontal merger
D. vertical merger

A. exporting American jobs by investing overseas
B. exporting American jobs by keeping investment in the U.S
C. importing cheap foreign workers by shifting U.S investment overseas
D. importing cheap foreign workers by keeping U.S investment at home

A. R&D generating welfare improved technology
B. development of more productive machinery
C. new work rules promoting workers efficiency
D. lower wages extracted from workers