How might the growth of FDI produce a level of social homogeneity?
a. Countries adopt similar institutions to facilitate economic activity.
b. FDI conveys technologies and corporate practices across borders.
c. FDI leads countries to adopt one another's norms.
d. All of these are true.
Question 2
How is the degree of trade integration measured?
a. The difference between growth rates in trade and gross domestic product (GDP)
b. The average export volume divided by the average gross domestic product (GDP)
c. Gross domestic product (GDP) minus gross national product (GNP)
d. The difference between total export volume and gross domestic product (GDP)
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