A. decreases a country’s net exports and increases its long-run growth path
B. increases a country’s net exports and increases its long-run growth path
C. increases a country’s net exports and decreases its long-run growth path
D. decreases a country’s net exports and decreases its long-run growth path
Related Mcqs:
- Capital Flight from a country is called ?
A. removal of individual and corporate investment
B. removal of capital drain
C. removal of income
D. All of these - Which of the following is will NOT reduce capital flight from source countries ?
A. dependable positive real interest rates
B. higher taxes on capital gains
C. more efficient state enterprises
D. market liberalization - When economists talk about developing countries experiencing flight of capital they mean?
A. money lent to the country being immediately invested abroad
B. People investing their money in urban business rather than agriculture
C. money moving around financial institutions rather than being invested in production
D. people investing money abroad rather than in their own country - When capital is owned by the firm as opposed to being directly owned by household capital income may take any of the following forms except ?
A. interest
B. dividends
C. increases in stocks of goods
D. retained earnings - The sum of total income received for the services of labor, land or capital in a country is called?
A. Gross domestic product
B. National income
C. Gross domestic income
D. Gross national income - When several countries jointly impose common external tariffs, eliminate tariffs on each other, and eliminate barriers to the movement of labor and capital among themselves, they have formed a/na ?
A. free trade area
B. customs union
C. common market
D. economic union - A way of helping depressed regions by having wage subsidies lower business taxes and capital subsidies has been suggested as ?
A. New classical economists
B. left-wing theorists
C. interventionist policies
D. monetarists - The growth rates of economies tend to converge because ________ is easier when capital per worker is low and because of?
A. capital-widening technical innovation
B. capital-widening Catch-up in technology
C. capital-deepening technical innovation
D. capital-deepening, catch-up in technology - the cost of using capital services is the ?
A. wage rate of capital
B. interest charges
C. marginal capital cost
D. rental rate for capital - Simon S.Kuznets argues that the major stock of an economically advanced country is not its physical capital but ?
A. natural resources
B. body of knowledge
C. land
D. quantity of labor
