Roughly what percent of American families lived below the poverty line in 1960?
A) 8%
B) 18%
C) 28%
D) 38%
E) 48%.
B
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Which of the following is an example of foreign direct investment in China?
A) Chinese Shenzen Airlines company buys a small U.S. midwest airline company, Air Chicago. B) The bank of China purchases U.S. Treasury bonds. C) A U.S. foreign exchange speculator buys $200,000 worth of the Chinese currency the yuan. D) The U.S. company Walmart buys a warehouse in Shanghai. E) U.S. auto entrepreneur Elon Musk buys stock in Alibaba Group Holding Limited of Hangzhou, China.
Which of the following transactions would be included in Germany's current account?
A) A German citizen purchases a new Volkswagen made in Germany. B) An American citizen purchases a new Volkswagen made in Germany. C) A German citizen purchases 100 shares of Texas Instruments stock. D) An American citizen purchases 100 shares of BMW stock.