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Author Question: A country with low wage levels and a high trade-to-GDP ratio is most likely to experience a_____. ... (Read 61 times)

sjones

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on: Jul 8, 2018
A country with low wage levels and a high trade-to-GDP ratio is most likely to experience a_____.
 
  a. wave of outsourcing
  b. decline in national debt
  c. rise in foreign direct investment
  d. period of exchange rate volatility

Question 2

When a country began to use standardized shipping containers more widely, the result was most likely a rise in its _____.
 
  a. trade-to-GDP ratio
  b. unemployment rate
  c. currency exchange rate
  d. level of foreign direct investment


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Beatricemm

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Reply #1 on: Jul 8, 2018
Answer to Question 1

Correct Answer: c

Answer to Question 2

Correct Answer: a


sjones

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Reply 2 on: Jul 8, 2018
Great answer, keep it coming :)

Viet Thy

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Reply 3 on: Yesterday
Excellent

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