US Corporation Well's Petroleum Borrows Money to Build an Oil

question 183

Multiple Choice

U.S. corporation Well's Petroleum borrows money to build an oil well in Texas and to build another in Venezuela. Borrowing for which well is included in the demand for loanable funds in the U.S.?

• A)The U.S. and Venezuela.
• B)The U.S. only.
• C)Venezuela only.
• D)Neither the U.S. or Venezuela.

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