The international capital market is
A) the place where you can rent earth moving equipment anywhere in the world.
B) a set of arrangements by which individuals and firms exchange money now for promises to pay in the future.
C) the arrangement where banks build up their capital by borrowing from the Central Bank.
D) the place where emerging economies accept capital invested by banks.
E) exclusively concerned with the debt crisis that ended in the 1990s.
B
You might also like to view...
When trade occurs among nations with similar tastes, technology, products, and costs, monopolistically competitive firms will have an incentive:
a. to lower prices to get new customers and increase market share. b. to raise prices to take advantage of a lucrative situation. c. to cut corners in manufacturing to boost profits. d. to raise quality, so they can charge a higher price than the competition.
A decision maker should use subjective probability rather than objective probability
A. if solid data describing the frequencies of various outcomes are available. B. if available data are unlikely to describe the circumstances. C. if one of the outcomes were very desirable. D. if she were very enthusiastic about a project.
Refer to the above graph. The monopolist's profits:
A. will be equal to the area P1P3AC. B. will be equal to the area P1P3AE. C. will be equal to the area P2P3B. D. cannot be determined from the information given.
For which of the following market structures will the firm's demand curve be tangent to the ATC curve in the long run?
A. Oligopoly. B. Monopolistic competition. C. Monopoly. D. Duopoly.