____________________ is Non-physical assets such as stocks, bonds, mortgages, lease agreements.

During the 1990s the countries of Mexico and Argentina went from economic paupers with huge foreign debts (capital account deficits) to countries posting strong economic growth and welcoming foreign investment

What would you expect these changes to do to their current account balances? What will be an ideal response?

What is the marginal investment in accounts receivable under the proposed plan? (See Table 14.7)

A) $1,234,375 B) $1,382,500 C) $1,567,300 D) $1,841,570