In Addition to Basic Phone Capabilities, List at Least Six

question 72

Essay

In addition to basic phone capabilities, list at least six features of today's smartphones.

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Definitions:

Foreign Portfolio Investment

Foreign portfolio investment involves holding financial assets from a country outside of the investor's own country.

Net Capital Outflow

The difference between the domestic country's purchases of foreign assets and foreign investments in the domestic country over a specific period.

Net Exports

Net exports are the value of a country's total exports minus the value of its total imports, a key component in calculating a nation's gross domestic product (GDP).

Foreign Portfolio Investment

Investment in financial assets from another country, such as stocks or bonds, that does not grant the investor control over the business entities in which the investment is made.