Because social institutions change more slowly than technology, the current information revolution
a. began to show an increase in the productivity of the American economy only as recently as the mid-1990s.
b. has not yet registered an increase in the productivity of the American economy.
c. did not spark a measureable increase in the American economy until the late1980s.
d. may not have effects that are measureable in terms of changes in economic productivity.
e. has not increased the competitiveness of the American economy over less-developed economies with lower wage costs.
What is a nation?
a. A group of people living within boundaries of a state
b. A group of people who have the same flag
c. A group of people who share certain historic experiences and cultural
characteristics
d. A group of people united by a certain ideology
e. A group of people who have similar physical traits
A state in which a foreign MNC operates is called the __________, whereas the state where the MNC has its headquarters is called the __________.
A) subsidiary country, headquarters country
B) host country, home country
C) home country, host country
D) investor country, investing country
MNCs and the countries in which they invest often come into conflict over __________.
A) inflation rates.
B) taxation and the method of transportation of goods to and from the country
C) monetary policy and trade policy
D) fiscal policy and the language to be used in negotiations
What is appeasement?
a. Making concessions to other states in order to avoid wars
b. The American foreign policy during much of the Cold War
c. An important characteristic of the post-Cold War era
d. An aspect of the collective security approach
e. Nixon's policy towards China
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