Indicate Three Advantages to Incorporation

question 3

Essay

Indicate three advantages to incorporation.

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Definitions:

Net Capital Outflow

The difference between a country's total exports of capital and its total imports of capital over a specific period of time.

National Saving

The total amount of savings generated within a country, comprising both private savings and the government's budget surplus.

Domestic Investment

Refers to the total amount of money invested in resources within a country's own borders, including investments in businesses, infrastructure, and real estate by both public and private sectors.

Exchange Rate

The amount one currency is valued when converted into another currency.