In the Specific Factors Model, Which of the Following Is

question 36

Multiple Choice

In the specific factors model, which of the following is treated as a specific factor?

• A) food
• B) land
• C) labor
• D) technology
• E) cloth

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Definitions:

Interest Rate

The percentage of a loan amount charged by the lender to the borrower for the use of assets, usually expressed as an annual percentage rate.

Net Capital Outflow

A contrast in the buying of foreign assets by residents of a country and the acquisition of its assets by non-residents.

NCO Curve

A hypothetical graphical representation that could relate to issues in international economics or capital flows, but requires clearer context for an accurate definition.

Capital Flight

The large-scale exodus of financial assets and capital from a nation due to economic or political instability.