According to economists, which of the following statements about international capital mobility is CORRECT?

a. International resource mobility has had no effect upon world GDP.
b. International resource mobility has had a negative effect upon world GDP.
c. International resource mobility has had a positive effect upon world GDP.
d. International resource mobility has had such a small effect upon world GDP that it is not worth measuring.


Ans: c. International resource mobility has had a positive effect upon world GDP.

Economics

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