International Trade and Trade Policies Quiz
5 Questions
1 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which one of the following is the correct definition of foreign direct investment?

  • The regulations and agreements of foreign countries.
  • The exchange of goods, services, and capital across national borders.
  • An investment made by a country or individual in one company in business interests in another country. (correct)
  • An investment made open to economies, frequently involving more than just a capital investment.

    • Which one of the following is true about foreign direct investment?

  • It can only be in the form of establishing business operations in another country.
  • It is not open to economies other than the investing country.
  • It can only be in the form of acquiring business assets in another country.
  • It often involves more than just a capital investment, such as provision of management or technology. (correct)

    • Which one of the following methods can be used to establish foreign direct investment?

  • Exporting goods to another country.
  • Signing a bilateral trade agreement.
  • Merging with a domestic company. (correct)
  • Importing goods from another country.

    • Which one of the following is false about South Africa and BRICS economies?

    <p>South Africa is not included in BRICS economies.</p> Signup and view all the answers

    Which one of the following is true about the General Agreement on Trade in Services (GATS)?

    <p>It is a multilateral agreement covering trade in services.</p> Signup and view all the answers

    More Like This

    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser