Which of the following is FALSE?
A) Capital flows today are larger mainly because economies are larger.
B) The last two decades are the first time in history that a nation has borrowed more than 10 percent of its GDP.
C) There are important qualitative differences between capital flows today and in the past.
D) Today most international financial transactions involve buying and selling assets denominated in foreign currencies.
Correct Answer:
Verified
Q1: Countries that have high rates of savings
Q2: Since the end of World War II,
A)world
Q4: An important factor that increased international capital
Q5: The trade-to-GDP ratio is calculated by
A)exports divided
Q6: All of the following are differences in
Q7: One of the distinguishing characteristics of capital
Q8: A relative measure of the importance of
Q9: The trade-to-GDP ratio for a nation that
Q10: Labor mobility was
A)less in 1900 than in
Q11: Financial capital flows could include
A)real estate purchases.
B)construction
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