Two Mechanisms Promote Internationalization

question 63

Multiple Choice

Two mechanisms promote internationalization:

• A)inter-governmental bond borrowing, and inter-bank capital flows.
• B)inter-bank capital flows and trade.
• C)inter-bank capital flows and direct investment.
• D)direct investment and trade.

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Definitions:

Fair Labor Standards Act

United States federal law that establishes minimum wage, overtime pay eligibility, recordkeeping, and child labor standards affecting full-time and part-time workers in the private sector and in federal, state, and local governments.

Minimum Wages

The lowest legal hourly rate of pay that employers can compensate workers, as mandated by federal or state law.

Defined Benefit Plans

A type of pension plan where an employer promises a specified pension payment upon retirement, based on an employee's earnings history, tenure of service, and age.

Civil Rights Act

A landmark piece of federal legislation in the United States that outlaws discrimination based on race, color, religion, sex, or national origin.