A Swiss Watchmaker Opens a Factory in the United States

question 32

Multiple Choice

A Swiss watchmaker opens a factory in the United States.This is an example of Swiss

• A)exports.
• B)imports.
• C)foreign portfolio investment.
• D)foreign direct investment.

Evaluate the influence of media and societal norms on the perpetuation of stereotypes and biases.

Recognize the psychological and societal implications of prejudice and discrimination on marginalized groups.

Understand the concepts of ingroup bias and outgroup homogeneity and their effects on social categorization.

Analyze the role of leadership and education in combating biases and promoting social change.

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Definitions:

Surplus

An excess of production or supply over demand, often leading to a decrease in prices.

Shortage

A situation where the demand for a product exceeds the available supply, often leading to higher prices.

Equilibrium

The state in which market supply and demand balance each other, and as a result, prices become stable.

Shortage

A situation in which the demand for a product or service exceeds the available supply, often leading to higher prices or unmet demand in the market.