Direct Effects of FDI Arise When Jobs Are Created in Local

question 58

True/False

Direct effects of FDI arise when jobs are created in local suppliers as a result of the FDI and when jobs are created because of increased local spending by employees of the MNE.

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Definitions:

Test Statistic

A value calculated from sample data that is used to evaluate the validity of a hypothesis.

Significance Level

The threshold at which a result is considered statistically significant, typically set at a p-value less than 0.05.

Sample Variance

A measure of variance calculated from a sample of data, representing the average of the squared differences from the mean.

Population Variance

A measure that quantifies the spread of a set of data points in a population, calculated as the average of the squared differences from the Mean.