Which of the Following Is True Concerning the Demand by Governments

question 7

Multiple Choice

Which of the following is true concerning the demand by governments for information?

• A) Intergovernmental organizations are better than individual countries at gaining access to better information from MNEs.
• B) Governments have not been very active in leading the call for better information.
• C) Governments are relatively pleased with the quality of the information that they can extract from MNEs to evaluate their impact on countries.
• D) Since all government agencies need the same information from MNEs, it is highly efficient to use published annual reports.

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Definitions:

Mutually-Agreeable Trade

A transaction or trade that both parties involved consent to and believe will benefit them.

Opportunity Cost

The expense incurred by not selecting the second-best option when deciding among various choices.

Willingness to Pay

The maximum amount an individual is prepared to expend on a good or service to procure it.

Producer Surplus

The difference between the amount producers are willing to sell a good for and the amount they actually receive.