All of the following are differences in capital flows today from the past, EXCEPT
A) the increasing variety of financial instruments.
B) the larger number of companies listed on world stock exchanges.
C) the need to protect from sudden changes in currency values.
D) the problem of volatility in financial capital flows.
E) the reduction in transaction costs for foreign investment.
D
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Nonlinear price discrimination
A) sets the price consumers pay based on quantity purchased. B) is where the firm sets prices in geometrically or exponentially decreasing price points. C) is used in situations where consumers have no reservation prices. D) eliminates deadweight loss.
Prior to health care reform, young people would pay approximately ____ of the premium it would cost an elderly person
a. 1/6 b. 1/2 c. 2/3 d. 4/5
If a nation can produce greater quantities of a good than another nation, it has a(n)
a. comparative advantage. b. absolute advantage. c. declarative advantage. d. entire advantage.
A decrease in supply is represented by a
a. movement downward and to the left along a supply curve. b. movement upward and to the right along a supply curve. c. rightward shift of a supply curve. d. leftward shift of a supply curve.