The decision of one firm to invest overseas raises competing firms’ incentives to invest in the same country.
举一反三
- He said the government must introduce tax incentives to encourage ___. A: invest B: investment C: sponsor D: money
- Which of the following is not a decision made by a competitive firm?<br/>____ A: the number of employees to hire B: how much to invest in machines C: what price to ask for its product D: how much to produce
- In Bertrand competition between two firms, each firm believes that if it changes its output, the rival firm will change its output by the same amount.
- invest
- If a good is imported into (large) country H from country F, then the imposition of a tariff in country H __________. A: raises the price of the good in both countries (the "Law of One Price"). B: raises the price in country H and cannot affect its price in country F. C: lowers the price of the good in both countries. D: raises the price of the good in H and lowers it in F.