Change in demand
What will be an ideal response?
When consumers buy a different amount than before because of anything but a change in price
*Ex if your income goes up and you buy more
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An international corporation is one which
a. is owned by individuals in more than one country b. has production facilities in more than one country c. markets its product in more than one country d. is owned by individuals in one country but has its production facility in anothercountry e. is owned in part by private individuals and by governments
If sales of Saudi Arabian oil to the rest of the world increase and Saudis use the proceeds to buy foreign goods, which of the following increases?
a. Saudi Arabian net exports but not Saudi Arabian net capital outflow b. Saudi Arabian net capital outflow but not Saudi Arabian net exports c. both Saudi Arabian net exports and net capital outflow d. neither Saudi Arabian net exports nor net capital outflow