Which of the following is NOT one of the major patterns in FDI over the past ten years?

Which of the following is incorrect regarding the European Union?

_______ occurs when a trade agreement results in increased trade among the participating countries in a trade agreement but reduces trade with other low cost suppliers outside the trade area.

An investor puts capital in a country with high interest rates and covers his/her future repatriation of funds with a forward contract. This transaction is most accurately called:

Limits on the quantity of goods that can be imported from a given country is called a(n):

The direct reason for the collapse of the original gold standard was:

Suppose Caterpillar is selling a backhoe in the United States for $10,000 and the same piece of equipment is sold in Mexico for 120,000 Pesos. The currency exchange rate is $1= 10 Pesos. Assuming that there is no change in the price of the backhoes in the U.S. or in Mexico, PPP predicts that exchange rates will reach parity and will be:

Which of the foreign entry approaches would be the MOST likely/appropriate for a manufacturing company with limited financial resources which wished to expand global operations as rapidly as possible?

In which type of legal system would you expect to find detailed regulations regarding consumer protection?

In principle, in a true _______, no discriminatory tariffs, quotas, subsidies, or administrative impediments are allowed to distort trade between member nations. Each country, however, is allowed to determine its own trade polices with regard to non-members.