An increase in interest rates causes that nation to experience an outflow of financial capital and causes its currency to depreciate

The acquisition of a new physical asset by a foreign resident is called

A) foreign direct investment. B) foreign capital investment. C) a portfolio inflow. D) a portfolio outflow.

A decrease in total revenue will result if

A) demand is inelastic and price increases. B) demand is elastic and price decreases. C) demand is inelastic and price decreases. D) demand is unitary elastic and price decreases.