B) that adversely impact developing countries. C) that benefit developed countries more than developing countries. D) that are often adopted without understanding the long term effects of the policies.

第十五章 1

Which of the following would not increase the chances that an individual will migrate? A) An increase in the expected wage rate in the receiving country. B) A decrease in the expected wage in the home country. C) Being older. D) A decrease in the cost of traveling between countries. 2

If workers are migrating from Country A to Country B then workers in Country A ____________________ and employers in Country A ____________________. A) lose; lose B) lose; gain C) gain; lose D) gain; gain 3

When an investor or lender in one country provides funds for a venture in another country and controls that venture, the transaction is called a(n) ____________________ investment. A) foreign direct B) passive C) covered D) arbitrage 4

Multinationals are most likely to choose sites for foreign direct investment where: A) taxes are low. B) labor costs are higher. C) the transportation infrastructure is overloaded. D) the governments impose strict operational requirements. 5

While ____________________ is the largest source of direct foreign investment, ____________________ is the only major home country which is not also a major host to foreign direct investment. A) Japan; Japan also B) Japan; Germany C) the United States; Japan

D) the United States; China 6

A dilemma for developing countries in their dealings with multinational companies is that they: A) have money to spend on economic development, but they do not have the expertise to spend that money wisely. B) need the help of multinationals to grow, but they do not have the opportunities that will attract multinational investment. C) fear exploitation by powerful multinationals, but they also fear the inability to access the benefits that multinationals have to offer them. D) need the funding that multinationals can provide, but they do not need or want the technical and management skills that multinationals usually tie to funding. 7

When an investor or lender in one country provides funds for a venture in another country but does not control that venture, the transaction is called ___________________ investment. A) foreign direct B) subsidiary C) host country D) international portfolio 8

A firm that owns and controls ventures in more than one country is a ____________________ enterprise. A) foreign-affiliated B) multinational C) venture-capital D) global 9

When a firm makes a foreign direct investment, that investment generally provides: A) all of the capital that the foreign entity needs. B) all of the capital not provided by the local investors. C) only enough capital to build the foreign facility. D) a rather small amount of the total financing needed for venture. 10

In most cases, the foreign affiliate of a multinational enterprise receives: A) only part of its financing directly from the multinational enterprise. B) most of its financing from the government of the affiliate's host country. C) only a small part of its financing from local sources. D) most of its financing from the government of the home country of the multinational enterprise.