Your text mentions several ways that international trade flows are qualitatively different than they were a century ago.Which of the following is NOT one of those ways?
A) Firms' investment spending on capital goods is more important than in the past.
B) International trade in raw commodities and agricultural products is more important than it was in the past.
C) It is possible to trade some types of services in a way that was not possible in the past.
D) Multinational corporations play a bigger role in production than they did in the past.
Correct Answer:
Verified
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
Q12: The trade-to-GDP ratio for the United States
Q13: An example of a foreign direct investment
Q15: Countries such as the United States that
Q16: Economists
A)describe reducing tariffs and quotas as shallow
Q17: One important difference between the international economy
Q18: A major impact of the transatlantic telegraph
Q19: Which of the following is true?
A)Domestic policies
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