A U.S. firm opens a factory that produces power tools in Korea
a. This increases U.S. net capital outflow and decreases Korean net capital outflow.
b. This decreases U.S. net capital outflow and increases Korean net capital outflow.
c. This increases only U.S. net capital outflow.
d. This increases only Korean net capital outflow.
a
You might also like to view...
If technology is fixed, monopolization of a competitive industry will lead to
a. lower prices and higher output b. higher prices and the same level of output c. lower output and the same level of price d. higher prices and lower output e. higher output and higher prices
The aggregate supply curve in the short run is vertical in __________ version of the AD-AS framework
A) the simple quantity theory of money B) the monetarist C) both the simple quantity theory of money and the monetarist D) neither the simple quantity theory of money nor the monetarist