Large Increases in the Availability of Labor Would Likely Be

question 34

Multiple Choice

Large increases in the availability of labor would likely be a source of

• A)Generalized growth
• B)Specialized growth
• C)Concentrated growth
• D)Import competing growth

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Definitions:

Foreign Assets

Investments or properties owned by individuals, companies, or governments in countries other than their own.

Trade Balance

The difference in value between a country's imports and exports over a certain period, indicating the relative strength of its economy.

Net Capital Outflow

The sum representing a country's outbound investments minus its inbound investments from abroad over a specific period.

Investment

The allocation of resources, such as capital or time, in expectation of future benefit or profit.