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) In 1900 most international financial transactions involved buying and selling bonds.
E) Today most international financial transactions involve buying and selling assets denominated in foreign currencies.
Correct Answer:
Verified
Q8: One of the distinguishing characteristics of capital
Q9: One important difference between the international economy
Q9: The trade-to-GDP ratio for a nation that
Q10: Which of the following is TRUE?
A)Domestic policies
Q11: Countries such as the United States that
Q12: One of the reasons we know that
Q14: All of the following are differences in
Q15: Countries that have high rates of savings
Q17: The trade-to-GDP ratio is calculated by
A)exports divided
Q18: Since the end of World War II,
A)world
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