Which of the following is an effect caused by capital flight?
A) It increases the need for domestic investment holdings.
B) It decreases the ability of the nation to service debt and pay for imports.
C) It reduces harmful currency restrictions.
D) It decreases the nation's supply of hard currencies.
B
Business
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Indicate whether the statement is true or false
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In the case of a check, when the impostor rule applies: A) the drawer of the check can successfully raise the defense of the forged indorsement
B)the forged indorsement is effective to negotiate the instrument.? C)the forged indorsement is ineffective to negotiate the instrument.? D)the instrument becomes nonnegotiable.
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