Due to the Drop of the Price of Oil Resulting

question 9

True/False

Due to the drop of the price of oil resulting in lower revenues,Saudi Arabia plans to invest in robotics.

---

Definitions:

Net Exports

The value of a country's total exports minus its total imports; a measure of a nation's foreign trade balance.

Net Capital Outflow

The financial discrepancy between home country residents' investments in foreign lands and foreign investors' stakes in domestic assets.

U.S. Net Capital Outflow

The difference between the purchase of foreign assets by residents of the United States and the purchase of U.S. assets by foreigners.

Foreign Assets

Assets such as securities, properties, and bank accounts held by a country's residents or the government in foreign countries.