Which of the following is responsible for determining the admission of new member countries to the EU? Select one: O a. the Council of the European Union O b. the European Parliament O c. the European Court of Justice O d. the European Commission In France one kilogram of macadamia nuts costs $10.5 and $10 Canadian dollars in Canada. According to the Law of One Price, the expected exchange rate between the euro and the Canadian dollar would be Select one: O a. $0.12/E O b. E1.5/$ O C. E0.67/$ O d. $1.67/EUnder a build-operate-transfer (BOT) arrangement, a firm or consortium of firms contracts to build a major facility abroad and then transfers ownership to the project sponsor, typically the host-country government or public utility. Select one: O True O False The Chinese government's policy of requiring foreign firms to enter the Chinese market via joint ventures is intended to Select one: O a. protect China's national security O b. limit the amount of FDI O c. stimulate foreign investment O d. create jobs for Chinese workers If a country's central bank significantly expands the money supply, the resulting impact on borrowers will be Select one: O a. increases the cost of borrowing O b. has no effect on borrowing O c. reduces the cost of borrowing O d. increases interest rates