Why Has Wal-Mart Built Numerous Stores in India in Recent

question 39

Multiple Choice

Why has Wal-Mart built numerous stores in India in recent years?

• A) access to e-commerce sites
• B) relaxed foreign investment rules
• C) ability to develop brand position
• D) creation of free trade agreements
• E) limited franchising opportunities

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Definitions:

Fed

Short for the Federal Reserve System, it is the central banking system of the United States, responsible for monetary policy.

Reserves

Deposits that banks have received but have not loaned out.

Interest Rate

The cost of borrowing money, typically expressed as a percentage of the amount borrowed, paid to the lender over a specified period.

Spending Multiplier

The ratio of the change in total output to the initial change in spending that brought it about.