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What are the “Country Factors” critical to attracting FDI to a host country?
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- what are the pitfalls of the organization NAFTA?The principle of comparative advantage suggests that, if New York and Florida exchange taxi parts for oranges, each state will be made worse off.What roles do the InternationalMonetary Fund (IMF), the WorldBank and The World TradeOrganization (WTO) play inglobalization?
- What describes the type of FDI undertaken by a French tyre manufacturer that acquires a South Korean competitor protected by high import tariffs?Ghana's parliament is debating how to undertake ISI. The debate centres on whether they should impose tariffs on imports or use quotas. Which system is better for consumers?Is the traditional model of comparative advantage inconsistent or consistent with the theory of multinational enterprise?
- How is comparative advantage related to early American production?At one time, it was believed that the way for a nation to prosper was to export as much as possible while importing as little as possible. More money would flow into a country than out of a country. Is this really a sound economic strategy? What is the relationship between exports and imports?According to researcher Richard Vedder, only 21 cents of every added dollar that universities have spent over the past twenty-five years has gone to student instruction. Where did the other 79 cents go? If you are an undergraduate today, what tangible benefits of these increased university resources can you see around you? If it would be cheaper to give each steelworker $375,000 per year in cash than impose restrictions on imports of steel, why do we have the import restrictions rather than the cash payments? Who gains and who loses from import restrictions?