international economics:

1. If a US multinational rm establishes a subsidiary in UK to serve EU market, this investment is called FBI. 2. If a US multinational rm establishes a subsidiary in Vietnam to save production costs, this investment is called FBI. 3. FBI can be in the form of either Greeneld or 4. Under Uruguay Round, was replaced by WTO in 1995. 5. (Circle the correct answer) If the country is big enough, the impact of tariff on this country's welfare is negative I sitive I ambiguous. On the other hand, if the country is small, the impact is negative I positive I\" ambiguous. 6. A nation must extend the \"same\" tariffs to all trading partners that are WTO members. 1What is this principle called? 7. Think about 3 counties. 1With the non-discriminatory tariff, country A was importing a certain product from country C, which has the comparative advantage of this product. Now, country A and B are in FTA, which enables country B, not country C, to export this product to country A. What is this situation called? 8. The current (9th) trade round is round