Consider This Statement: "Canada Is Characterized by Perfect Capital Mobility

question 105

Multiple Choice

Consider this statement: "Canada is characterized by perfect capital mobility." What does this mean in the language of economics?

• A) that capital is free to move across provinces in Canada
• B) that capital is free to move from one sector to another
• C) that Canadians can invest abroad but foreigners cannot invest in Canada
• D) that Canadians can invest abroad and foreigners can invest in Canada

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Definitions:

Sociology

The scientific study of society, including patterns of social relationships, social interaction, and culture.

Human Ability

The range of skills, talents, and capacities possessed by individuals.

Social Life

Interactions and relationships among individuals in a society, including social activities and engagements.

Abstractions

Concepts or ideas that are not physically tangible but are created through the process of thought and used to understand and describe complex realities.