{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Global Economics - Chapter 1.doc

Global Economics - Chapter 1.doc - 214 Chapter 5 Test Bank...

Info icon This preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
214 Chapter 5 — Test Bank 1. There is a clear relationship between inequality of income patterns and globalization. ANS: False 2. An increase in consumer income results in: ANS: a decrease in demand for an inferior good. 3. An increase in the number of consumers in a market will decrease demand and is illustrated by a leftward shift of the demand curve. ANS: False 4. Activities in the real sector of an economy are independent of the activities in the financial sector of an economy. ANS: False 5. Portfolio capital flows to emerging economies tend to be larger than flows of foreign direct investment. ANS: False 6. Foreign direct investment (FDI) is the acquisition of assets that involves a long-term
Image of page 1
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern