Visitors to a Country Hosting a World Soccer Tournament Purchase

question 76

Multiple Choice

Visitors to a country hosting a world soccer tournament purchase food, souvenirs, and accommodations while attending the tournament. Which of the following should these expenditures raise?

• A)The host country's net exports and its net capital outflow.
• B)The host country's net exports but not its net capital outflow.
• C)The host country's net capital outflow but nor its net exports.
• D)Neither the host country's net exports not its net capital outflow.

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Definitions:

Process Innovations

Refers to the implementation of a new or significantly improved production or delivery method, contributing to increased efficiency and effectiveness.

Managerial Innovations

The implementation of new administrative processes, strategies, or products designed to improve the efficiency and productivity of management.

Extrinsic Rewards

Benefits given by employers to motivate employees that are external to the job itself, such as pay raises, bonuses, and perks.

Autonomy

The extent to which individuals have the freedom to make their own decisions and control their own work environment.