When Foreign Firms Build Production Facilities in the United States

question 50

Multiple Choice

When foreign firms build production facilities in the United States, they are engaging in

• A) exporting.
• B) foreign direct investment.
• C) importing.
• D) countertrading.

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Definitions:

Egoism

Egoism is a theory or philosophy where the self-interest or self-concern is the foundation of morality, prioritizing one's own benefit in decision-making.

Reciprocity

A social norm of responding to a positive action with another positive action, rewarding kind actions as opposed to indifferent or hostile actions.

Basic Personality Measures

Assessments or tests designed to evaluate fundamental aspects of an individual’s character or disposition.

Endorse Tolerance

Promoting acceptance and open-mindedness towards opinions, practices, or traits that are different from one's own.