The two most important developments in global capital markets over the last few decades are
A) the growth in FDI within developed countries and private capital flows to emerging economies.
B) the growth in FDI to emerging economies and private capital flows within developed countries.
C) the growth of cross-border mergers and acquisitions and the stabilization of exchange rate regimes.
D) the growth of cross-border mergers and acquisitions and private capital flows within developed countries.
A
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Refer to Figure 14.1. Other things equal, an increase in the inflation rate is best represented as a movement from
A) point A to point B. B) point C to point A. C) point C to point B. D) point B to point C.
If a player has a strategy where one course of action under-performs all others no matter what other players do, that strategy is
A) a prisoner's dilemma. B) dominated. C) dominant. D) a loser.