During the 20th century and into the 21st, the U.S. net international investment position has

A. been consistently negative.
B. gone from negative to positive and back to negative.
C. been consistently positive.
D. gone from positive to negative and back to positive.

Answer: B

Economics

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If a country is producing efficiently and is on the production possibilities frontier, producing more of one good would result in a movement along the frontier

Indicate whether the statement is true or false

Economics

President Salinas of Mexico devised a strategy to restore Mexican growth by encouraging

A) large inflows of foreign capital. B) large increases in domestic savings. C) large interest rate cuts. D) an expansion of import substitution industrialization policies. E) more government ownership of industrial firms.

Economics