When Honda, a Japanese Auto Maker, Built a Factory in Ohio

question 86

Multiple Choice

When Honda, a Japanese auto maker, built a factory in Ohio,

• A)it was engaged in foreign direct investment.
• B)it was engaged in portfolio investment.
• C)it was engaged in a cross-border acquisition.
• D)none of the above.

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Definitions:

Price Floor

a government-imposed limit on how low a price can be charged for a good or service, intended to prevent prices from falling too low.

Black Markets

Illicit markets that operate outside of authorized legal frameworks, often involving the trading of banned or restricted goods and services.

Price Controls

Government-imposed limitations on the prices that can be charged for goods and services in a market.

Illegal Exchanges

Transactions that violate the law, such as the trade of banned substances or services.