European governments removed many restrictions on flows of capital into and out of Europe in the ________. This policy increased both U.S. investment in European stocks and bonds and European investment in U.S. stocks and bonds
A) 1980s and 1990s B) 1970s and 1980s C) 1960s and 1970s D) 1950s and 1960s
A
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Briefly explain how a change in the personal income tax rate affects aggregate demand
What will be an ideal response?
Why do some firms use large amounts of capital and small amounts of labor while others use small amounts of capital and large amounts of labor?
What will be an ideal response?
Which of the following changes in the exchange rate represents an appreciation of the dollar?
a. 100 yen = $1 to 90 yen = $1 b. 1 yen = $.10 to 1 yen = $.08 c. 1 peso = $10 to 1 peso = $11 d. 200 francs = $10 to 190 francs = $10
The CPI is all of the following EXCEPT the:
A. cost of living relative to the base year. B. consumer price index. C. average level of prices relative to prices in the base year. D. rate of inflation between the current period and the base year.