Foreign portfolio investment is sometimes called hot money because:
A. it can be withdrawn from a country very quickly.
B. it is very difficult to trace.
C. it is often invested in the assets which yield the highest returns in the world.
D. earnings often go untaxed by the home government.
A. it can be withdrawn from a country very quickly.
Economics
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Suppose you purchased 500 shares of stock in 2013 for $15 a share, and the price now is $20 a share. If you sell the stock, then your capital gain is
A) $2500. B) $1000. C) $10000. D) indeterminate without knowing the inflation rate.
Economics
A political function of government is to
A. encourage the workings of the price system. B. provide public goods. C. encourage the consumption of government-sponsored goods. D. correct for externalities.
Economics