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Final-462_SAMPLE

Final-462_SAMPLE - FBE 462 Sample Final UNIVERSITY OF...

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FBE 462 Sample Final 1 UNIVERSITY OF SOUTHERN CALIFORNIA School of Business Administration INTERNATIONAL TRADE AND COMMERICAL POLICY/FBE 462 SAMPLE FINAL EXAM Aris Protopapadakis GRADES M (30) Total = 30
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FBE 462 Sample Final 2 Multiple Choice Questions (1 pt each for 30 points) 1. An example of Foreign Direct Investment (FDI) would be when: (a) Ford Motor Company puts $10 million dollars from its pension fund into a mutual fund containing shares of foreign companies. (b) You buy $5,000 worth shares of Toyota. (c) Wells Fargo Bank buys $10 million worth of Bank of England T-Bills. (d) Ford buys a controlling interest in Land Rover, a British automobile company. 2. The existence of economies of scale suggest that: Figure 15.1: Labor Market Effects of Migration 3. Referring to figure 15.1, when migration is not allowed, northern workers earn __________ per hour and southern workers earn ___________ per hour. a b c d e f . . . 3.00 4.25 A B A B D n S r Workers (millions) Workers (million Wages ($ per Wages ($ per . 8.00 6.75 120 90 140 130 110 80 “NORTH” “SOUTH” S n D s S r + S mig
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