Small Economies Are Sometimes Less Successful Than Large Countries in Attracting

question 60

Multiple Choice

Small economies are sometimes less successful than large countries in attracting FDI by raising import restrictions.What is the most likely reason for this?

• A)Large economies impose higher trade restrictions.
• B)Transportation costs are generally higher in small economies.
• C)People in small economies are more nationalistic in their purchases.
• D)Small economies frequently lack sufficient markets for large-scale production.

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Definitions:

Determined

Having a strong motivation or determination to achieve a specific outcome or goal.

Pierre-Simon de Laplace

A French mathematician and astronomer known for his work in celestial mechanics and the formulation of Laplace's equation.

Determinism

The philosophical theory that all events, including moral choices, are completely determined by previously existing causes.

Determinism

The doctrine that all events, including moral choices, are determined by previously existing causes.