Which of the Following Are Important for Countries to Promote

question 46

Multiple Choice

Which of the following are important for countries to promote with property rights and incentives if economic growth is to occur?
I.specialization
Ii.saving and investment
Iii.increases in human capital
Iv.discovery of new technology

• A)i,ii,iii and iv.
• B)ii and iii.
• C)iii and iv.
• D)ii and iv.
• E)i,ii and iv only.

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Definitions:

Foreign Currency

The currency of another country, which is required for foreign trade and investment.

Hedge

An investment or action taken to reduce the risk of adverse price movements in an asset.

Exchange Rate Exposure

The potential for a company's profitability, net cash flow, and market value to change because of a change in exchange rates.

Exchange Rate Quotations

The price of one currency in terms of another currency, commonly used in international trade and investment transactions.