In determining why a firm becomes multinational there are many reasons. One reason is that the firm is a market seeker. Which of the following is NOT a reason why market seeking firms produce in foreign countries?
A. satisfaction of local demand in the foreign country
B. satisfaction of local demand in the domestic markets
C. political safely and small likelihood of government expropriation of assets
D. All of the above are market-seeking activities.
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The bank’s primary liabilities are deposits and loans.
Depository institutions include all commercial banks and investment banks.
Singaporean parents pay for their daughter to study at a U.S. university, which will be recorded as a credit transaction in the current account of the U.S. BOP.
London has the greatest volume of foreign exchange activity in the world, and Foreign Exchange Market is the World’s sencond largest market.