Most Developing Countries Do Not Have Access to the Technology

question 65

Multiple Choice

Most developing countries do not have access to the technology available in developed nations, but these developing nations need technology to create new jobs and stimulate the economy. Which aspect of inward FDI do these developing nations rely on to have access to needed technology?

• A) balance-of-payments effects
• B) employment effects
• C) effects on foreign exchange rate
• D) effects on competition
• E) resource-transfer effects

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Definitions:

Harm

Physical injury, damage, or negative impact caused to a person, property, or other entity.

Use

Refers to the manner or purpose for which something is put into action or service.

Consumption

The use of goods and services by households or individuals.

Unreasonably Dangerous Product

In product liability, a product that is defective to the point of threatening a consumer’s health and safety. A product will be considered unreasonably dangerous if it is dangerous beyond the expectation of the ordinary consumer or if a less dangerous alternative was economically feasible for the manufacturer, but the manufacturer failed to produce it.