International Economics and Points Received Essay

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MNCs | | | Student Answer: | | are any company operating as a corporation in any country | | | | enjoy the benefit of being a "stateless" entity | | | | have experienced a recent decline in the number of firms since 2005 | | | | were primarily a British phenomena in the 19th C though the US overtook their dominance by the 1920s | | Instructor Explanation: | See Lecture 5 and Chapter 8 | | | | Points Received: | 1 of 1 | | Comments: | | | |

2. | Question : | The number of MNCs | | | Student Answer: | | has remained relatively stable since the turn of the 19th century | | | | has declined since 1992 as a domestic backlash has grown against moving jobs out of the country | | | | has grown as a result of market reforms implemented globally since the 1980s | | | | operating internationally is controlled by the WTO | | Instructor Explanation: | See Oatley, Chapter 8 & Lecture 5 | | | | Points Received: | 1 of 1 | | Comments: | | | |

3. | Question : | FDI | | | Student Answer: | | refers to investment in the form of tangible assets | | | | provides cash investment in publicly-traded firms | | | | is more mobile than portfolio investment | | | | is often referred to as "hot money" | | Instructor Explanation: | See types of investment, Chapter 8, | | | | Points Received: | 1 of 1 | | Comments: | | | |

4. | Question : | Exchange rate systems | | | Student Answer: | | create national currencies that appreciate and depreciate according to a currency's market value in the international market | | | | are rules that govern how a national currency will be appreciate and depreciate vis-a-vis foreign currencies | | | | always guarantee that the government set the exact value of the country's currency | | | | are solely economic systems of rules | | | | Points Received: | 1 of 1 | | Comments: | | | |

5. | Question : | When a country is forced to buy and sell its own currency on the international foreign exchange market to maintain its value, what type of exchange rate does it use? | | | Student Answer: | | fixed | | | | managed | | | | fixed but adjustable | | | | floating | | Instructor Explanation: | see Oatley Chapter 10 & Lecture 5 | | | | Points Received: | 1 of 1 | | Comments: | | | |

6. | Question : | Among developing countries, the policy of expropriation hit its highest levels | | | Student Answer: | | right after WWII | | | | while neoliberal reforms were being implemented | | | | in the 1970s | | | | when foreign capital dried up | | Instructor Explanation: | See Oatley Chapter 9 (183) & Lecture 5 | | | | Points Received: | 0 of 1 | | Comments: | | | |

7. | Question : | Oil | | | Student Answer: | | has low asset

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