Scenario: Happyland
Happyland is a country characterized by beautiful beaches, vast natural resources, and a highly skilled labor force. Happyland is now encouraging foreign direct investment flows. The country has been exporting textiles, computer hardware, and software programs. The net result of the trade is that Happyland exports far more goods and services and receives more income from abroad than it imports and pays abroad.
-If Happyland advertises its beaches and attracts tourists,the tourism-related income would be recorded in its ________ account.
A) capital
B) services
C) income payments
D) merchandise
Correct Answer:
Verified
Q2: Portfolio investment is the purchase of physical
Q3: Scenario: Global Manufacturing Inc. (GMI)
Global Manufacturing Inc.,
Q4: Scenario: Global Manufacturing Inc. (GMI)
Global Manufacturing Inc.,
Q5: All factors of production are internationally mobile.
Q6: Which of the following is a major
Q7: Exports and imports of tangible goods are
Q8: Which type of investment involves the acquisition
Q9: A(n)_ advantage is the one that a
Q10: Scenario: Blickinstock at the Crossroads
Auto parts supplier,
Q11: Scenario: Happyland
Happyland is a country characterized by
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