The Net Foreign Income Share of GDP Represents

question 56

Multiple Choice

The net foreign income share of GDP represents:

• A) the amount of Australian assets owned by foreign interests as a proportion of GDP.
• B) the proportion of GDP needed to pay the interest, rent and dividends owed on assets owned by foreign interests.
• C) a problem at its current level of 55 per cent of GDP.
• D) the proportion of GDP needed purely to service foreign debt.

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Definitions:

American Truck

A vehicle designed and manufactured typically in the United States for the purpose of transporting goods and materials.

Exchange Rate

The value of one currency expressed in terms of another currency, used when converting from one currency to another.

Rupees

The official currency of India, also used as currency in other countries such as Pakistan, Nepal, and Sri Lanka.

United States Imports

Goods and services brought into the United States from other countries for sale or use.