A country has $45 million of domestic investment and net capital outflow of -$60 million. What is its saving?

a. $15 million
b. -$15 million
c. $105 million
d. -$105 million

b

Economics

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Refer to Figure 19-3. At what level should the Thai government peg its currency to the dollar to make Thai exports cheaper to the United States?

A) less than $.03/baht B) equal to $.03/baht C) greater than $.03/baht D) $1/baht

Economics

According to the dependence theory, the developing world is known as the

a. backward areas. b. periphery. c. first world. d. center.

Economics