Author Question: Georg, a German citizen, just purchased 10 shares of stock in Microsoft, a U.S. company. This ... (Read 108 times)

shenderson6

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Georg, a German citizen, just purchased 10 shares of stock in Microsoft, a U.S. company. This purchase is an example of
 
  A) foreign public investment. B) foreign direct investment.
  C) contractual globalization. D) foreign portfolio investment.

Question 2

Which of the following is a drawback to having a common currency across countries, as in the European Union?
 
  A) Having a common currency implies that the prices of goods across countries must always be the same, regardless of consumer preferences for goods across countries.
  B) A common currency increases barriers to trade across countries, reducing opportunities for economic growth.
  C) With a common currency, individual countries are no longer able to run independent monetary policies.
  D) None of the above is a drawback to a common currency.


aadams68

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Answer to Question 1

D

Answer to Question 2

C



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