In 2014, which of the following countries had the lowest ratio of exports to GDP?

Refer to Figure 11-1. Many countries in Africa strongly discouraged and prohibited foreign direct investment in the 1950s and 1960s. By doing so, these countries were essentially preventing a moment from

A) A to B. B) B to C. C) D to C. D) B to A.

A decrease in a fixed exchange rate from $1.75 per pound to $1.60 per pound is called a(n) ________ of the pound

A) devaluation B) depreciation C) revaluation D) appreciation