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Benefits form a Common Market include: Common currency Free movement of people No tax on foreign companies investing in your country All of the

     

Benefits form a Common Market include: Common currency Free movement of people No tax on foreign companies investing in your country All of the above QUESTION 72 An international joint venture is more likely than not to O Be required in China O Fail O Be common in Japan O All of the above QUESTION 73 According to a recent Economist article, the most dangerous place on earth is: O The United States O Taiwan Iran O the Vatican States in the US often entice FDI with tax incentives and other inducements because: O It limits tax avoidance O It increases employment O It enhances international diplomacy O It limits migration QUESTION 71 Quotas O a. Can make foreign direct investment (FD)I an attractive option O b. Decrease prices as suppliers get desperate to sell their goods O c. Are an acceptable alternative to tariffs according to the WTO O d. Allow protected firms to be more efficient If a country's interest rate is high relative to other countries, the country will: O Develop a trade deficit. O Attract foreign funds. O Experience depreciation in its home currency O Discourage foreign investing QUESTION 69 Voluntary Restraint Agreements are about as voluntary as you taking this test. O True O False

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