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) Manufactured goods are more important than the were in the past.
B) Firms' investment spending on capital goods is more important than in the past.
C) International trade in raw commodities and agricultural products is more important than it was in the past.
D) It is possible to trade some types of services in a way that was not possible in the past.
E) Multinational corporations play a bigger role in production than they did in the past.
Correct Answer:
Verified
Q1: A relative measure of the importance of
Q3: Labor mobility was
A)less in 1900 than in
Q4: A major impact of the transatlantic telegraph
Q5: Financial capital flows could include
A)real estate purchases.
B)construction
Q6: An example of a foreign direct investment
Q7: Economists
A)describe reducing tariffs and quotas as shallow
Q8: One of the distinguishing characteristics of capital
Q9: One important difference between the international economy
Q10: Which of the following is TRUE?
A)Domestic policies
Q11: Countries such as the United States that
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