Net capital outflow measures the imbalance between the amount of
a. foreign assets held by domestic residents and domestic assets held by foreign residents.
b. foreign assets bought by domestic residents and the amount of domestic assets bought by foreigners.
c. foreign assets bought by domestic residents and the amount of domestic goods and services sold to foreigners.
d. None of the above is correct.
b
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How is economic growth shown in a production possibilities frontier graph?
What will be an ideal response?
During the 1980s and 1990s, the percentage of GDP spent on government spending was lowest in which of the following economies?
a. Japan b. Italy c. France d. United Kingdom e. United States
A foreign exchange intervention that alters the domestic monetary base is:
A. impossible. B. not likely to change domestic interest rates. C. sterilized. D. unsterilized.
Who is most likely to be worried about high inflation?
(A) A retired couple on a fixed income (B) A shopkeeper (C) A doctor with a suburban practice (D) A factory worker