Producers of products mainly produced in swing states are less likely to get import protection in the US.
True
False
China exports those goods to the US in which its productivity disadvantage is exceeded by its wage advantage.
True
False
Foreign direct investment into developing countries strengthens domestic corporate institutions by bringing in best business practices from developed countries into developing countries
True
False
1. The given statement is false. Because producers of producta
mainly produced in swing states have more import protection in the
US.
In 2018, US President Donald Trump imposed of tariffs about 25% on
steel imports in an effort to protect domestic industries in swing
states like Pennsylvania.
2. The given statement is true. China exports those goods to the U.
S. In which its productivity disadvantage is exceeded by its wage
advantage. Because China is labor abundant nation. So they always
looking for wage advantage while production
3. The given statement is true. Foreigb direct investment into
developing countries strengthens domestic corporate institutions by
bringing in best business practices from developed countries into
developing countries
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