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Anna007 [38]
3 years ago
6

Which of the following best describes nationalization? (as opposed to nationalism!) Group of answer choices outsourcing of gover

nmental functions to private entities hiring preferences given to locals rather than expatriates government's gradual and subtle actions against a firm forced sale of an MNC's assets to local buyers
Business
1 answer:
Dmitriy789 [7]3 years ago
8 0

Answer: Forced sale of an MNC's assets to local buyers

Explanation:

Nationalization is the process of forcing a Multinational Company (MNC) to sell its assets to local buyers or to the Government itself. Sometimes the process does not even involve paying back to MNC.

There are many reasons for a Government to carry out a nationalization policy  such as the need to manage one's own natural resources but some economists view this as too much Government interference. One example of nationalization is the US nationalization of airport security after 9/11 to better protect the country.  

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The opening of a new American-owned factory in Algeria would tend to increase Algeria's GDP more than it increases Algeria's GNP
Delicious77 [7]

Answer:

The correct answer is option a and option b.

Explanation:

The opening of a new American-owned factory in Algeria would tend to increase Algeria's GDP more than it increases Algeria's GNP.

This is because the GDP of a nation is the value of final goods and services produced in an economy in a year by both domestic citizens as well as foreign residents.

While GNP of a nation does not include the income earned by the foreign residents within the boundaries of a nation. So it is lower than GDP.

4 0
3 years ago
Refer to exhibit 20-2. the market for good x is initially in equilibrium at $5. the government then places a per-unit tax on goo
Tema [17]

Answer:

45%

Explanation:

The market for good x is initially in equilibrium at $5. the government then places a per-unit tax on good x, as shown by the shift of s1 to s2.

As a result of the shift in the supply curve a new equilibrium price is established at $6.25

That implies that the share of the burden that consumers will bear is $1.25 (which represents 55% portion of the tax) - the difference between the previous and new equilibrium prices.

The other 45% portion of the tax will be borne by the producers

7 0
3 years ago
One Laptop Per Child is a nonprofit initiative with the goal of making extremely low-cost laptops available to children in the d
meriva

Answer:

Reverse innovation

7 0
3 years ago
Grace makes $2,200 per month. She spends $300 on credit card payments, $120 per month for a furniture purchase, and $450 on an a
svp [43]
If you add 300+120+450 you will get 870 so just subtract. 2,200-870 to get 1330
3 0
3 years ago
The following information was collected for the first year of manufacturing for Appliance Apps: Direct Materials per Unit $2.50
lara31 [8.8K]

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the total unitary variable cost:</u>

Total unitary variable cost=2.5 + 1.5 + 0.25 + 1.5

Total unitary variable cost= $5.75

<u>Now, the variable costing income statement:</u>

Sales= 33,000*12= 396,000

Total variable cost= (33,000*5.75)= (189,750)

Total contribution margin= 206,250

Fixed Manufacturing Expenses= (117,000)

Fixed Selling and Administration Expenses= (21,000)

Net operating income= 68,250

4 0
3 years ago
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