The remarkable success of the HPAEs proves that
A) trade policy is the key to successful economic growth.
B) trade policy is irrelevant to successful economic growth.
C) high educational standards is the key to successful economic growth.
D) dual economies must suffer economic stagnation.
E) trade policy can lead to a higher standard of living for developing countries.
E
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What will be an ideal response?
If the American company Stryker builds and operates a new factory in France,
a. it engages in foreign direct investment. By itself this action lowers U.S. net capital outflow. b. it engages in foreign direct investment. By itself this action raises U.S. net capital outflow. c. it engages in foreign portfolio investment. By itself this action lowers U.S. net capital outflow. d. it engages in foreign portfolio investment. By itself this action raises U.S. net capital outflow.