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US Corporation Titan Bikes Borrows Funds to Build a Factory

Question 37

Multiple Choice

U.S. corporation Titan Bikes borrows funds to build a factory in the U.S. and a factory in Denmark. Borrowing for factories in which location(s) is included in the U.S. demand for loanable funds?


A) The U.S. only.
B) Denmark only.
C) The U.S. and Denmark.
D) Neither the U.S. nor Denmark.

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