Other things the same, which of the following could explain a rise in Sweden's net capital outflow?
a. interest rates on Swedish bonds rise
b. the probability of default on Swedish bonds rises
c. Sweden enacts a law reducing taxes on income earned by foreign-owned businesses operating in Sweden
d. None of the above are correct.
b
Economics
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A) 23.2 percent B) 6.7 percent C) 8 percent D) 25 percent
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One reason why we might want to impose restrictions on free trade is to protect infant domestic industry in the formative stages of development and thus unable to compete yet on world markets
a. True b. False Indicate whether the statement is true or false
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